ESPG's Restructuring Plan Becomes Legally Binding

ESPG AG, a company specializing in science parks, has announced that its restructuring plan is now legally binding. The decision by the Cologne Regional Court dismissed any immediate appeals, marking the successful conclusion of StaRUG proceedings. This resolution allows ESPG AG to focus on operational tasks and invest in their portfolio for better tenant offerings.

The company plans to implement an investment program over the next two years, aiming to reduce vacancy rates and increase rental income, ensuring financial stability. With new liquid funds, ESPG will target the development of its science park portfolio, enhancing the appeal of their offerings.

Ralf Nöcker, Executive Board Member of ESPG AG, expressed that this legal development is a crucial step towards a stable economic future. ESPG AG is positioned for success with its focused investments in science parks and strengthened financial base.