General Meeting resolves to create the authorized capital required for the restructuring
The Extraordinary General Meeting of Corestate Capital Holding S.A. ("Corestate") today resolved to increase the authorized capital with an approval of 99.7 percent and thus the required majority to amend [...]
Corestate appoints Stephan Goetschel as CRO to the Group Management Board
The Supervisory Board of Corestate Capital Holding S.A. has appointed Stephan Goetschel as Chief Restructuring Officer (CRO) to the Group Management Board. The Supervisory Board of [...]
Corestate implements important conditions from the approved restructuring concept
Corestate has fulfilled several key conditions from the agreed restructuring concept following the creditors' meeting on November 28, 2022. Supervisory Board with two new members – [...]
Creditors’ meetings approve bond restructuring plan and lay foundation for company’s going concern
Today's creditors' meetings approved the bond investors' proposal with a large majority, thus clearing the way for a sustainable restructuring of the company. In the event of the successful implementation [...]
CORESTATE supports creditors’ proposal for bond restructuring – Extraordinary General Meeting adjourned to 20 December 2022
The Management Board of CORESTATE Capital Holding S.A. (CORESTATE) has today unanimously decided to support the restructuring proposal of the Ad-hoc Committee (AHC), a group of large bondholders. The [...]
CORESTATE supports creditors’ proposal for bond restructuring – Extraordinary General Meeting adjourned to 20 December 2022
Luxembourg, 22 November 2022 - The Management Board of CORESTATE Capital Holding S.A. (CORESTATE) has today unanimously decided to support the restructuring proposal of the Ad-hoc Committee (AHC), a group [...]
Corestate sees weak business performance in the first nine months of 2022 – goodwill impairments and one-off effects negatively impact adjusted net profit
The Corestate Capital Group (Corestate) has published its results for the first nine months of 2022. In its core business, real estate equity and real estate debt, assets under management [...]
Corestate with weaker business development in the first half of 2022 -non-recurring items weigh on results
Corestate Capital Group (Corestate) reports results for the first half of 2022. In the core business, Real Estate Equity and Real Estate Debt, the assets under management amount to € [...]
Corestate records rental success at Werne City Mall
Corestate has now successfully renegotiated and extended a lease agreement with food retailer REWE for the local shopping center it manages in Werne. At the same time, with the drugstore [...]
Corestate acquires residential development “Bambi” with seven apartment buildings in the proximity of Kitzingen’s city center
Corestate has acquired a new construction project with seven buildings and a total of 54 residential units for a real estate special AIF. The project was successfully developed by [...]
Corestate publishes ESG report 2022 and strengthens ESG service offering for decarbonization in the real estate sector
Corestate has announced on the occasion of the publication of this year's ESG report that it will further strengthen its ESG services offering additional support for its clients in [...]
Corestate continues to drive transformation and again makes impairments in the Real Estate Debt segment
Corestate continues to drive transformation and again makes impairments in the Real Estate Debt segment Corestate continues to drive transformation and again makes impairments in the Real Estate Debt [...]