17 Nov 2025

Dentons represents Accentro bondholders as joint representative in StaRUG restructuring

"Dentons and Dentons GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft advised the bondholders of Accentro Real Estate AG in a StaRUG restructuring. Dentons GmbH acted as the elected joint representative. The plan was approved by four of five voting groups and confirmed by the court on 23 September 2025; implementation will include broad financial and equity measures."

Dentons and Dentons GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft represented the bondholders of Accentro Real Estate AG in connection with the company's restructuring proceedings under the German Act on the Stabilization and Restructuring Framework for Companies (StaRUG). At the end of July 2025 Accentro notified the competent restructuring court in Berlin of a restructuring plan under the StaRUG. The restructuring plan was approved by four of the five voting groups on 23 September 2025 and was confirmed by the court on the same day. The company will begin implementing the restructuring plan shortly. Implementation includes a comprehensive financial restructuring, which comprises equity measures. Accentro Real Estate AG, based in Berlin, is a residential investor and a market leader in residential privatization in Germany. In addition to Berlin, the company focuses on major cities and metropolitan areas in central Germany and the Rhine‑Ruhr region. Accentro was founded in 1993 and has been listed on the Frankfurt Stock Exchange since 2007. Dentons (representing the bondholders of Accentro Real Estate AG) with a team composed by: Andreas Ziegenhagen (Lead Partner, Restructuring), Karl Berner (Associate, Restructuring), Oliver Dreher (Lead Partner, Banking and Finance/Capital Markets), Sven Henneke (Associate, Banking and Finance), Luis Anton Michalzik (Legal Project Manager, Banking and Finance). Dentons GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft (acting as the elected joint representative for the bondholders of the two relevant bonds issued by Accentro Real Estate AG).
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