Moving ahead into 2025 with a sound financial basis: ESPG invests in portfolio development

EQS-News: ESPG AG / Key word(s): Real Estate Moving ahead into 2025 with a sound financial basis: ESPG invests in portfolio development 20.03.2025 / 15:21 CET/CEST The issuer is solely responsible for the content of this announcement. Moving ahead into 2025 with a sound financial basis: ESPG invests in portfolio development

• Sound financial basis following the successful conclusion of the StaRUG process: EUR 12.8 million provided for the restructuring and capitalization of the association.
• In Ulm, ESPG is preparing to re-let the "Science City" science park after Nokia exercised a termination option.
• New rental agreements with Nichia and Meknes GmbH confirm the high demand for highly specialized Science Park space.

Cologne, 20 March 2025: The European Science Park Group (ESPG), a real estate company specializing in science parks, is focusing on the further development of its science park portfolio in 2025. With the successful conclusion of the StaRUG process, the company's financial basis has been secured for the long term and a solid foundation for further business development has been created. This step should increase the equity reported in the balance sheet to EUR 83.7 million. Investors have provided new liquidity amounting to EUR 12.8 million, which will enable the company to secure a sound financial basis, undertake required investments in the portfolio and path the way for a successful future of ESPG.

Ralf Nöcker, Executive Board Member of ESPG AG: "With the successful conclusion of the restructuring process, we have created a stable basis for the targeted further development of our portfolio. The new funds enable us to carry out the required investments in our portfolio to keep our properties competitive. This allows us to react flexibly to market changes and at the same time increase the attractiveness of our science parks considerably."

Re-letting in Ulm: Investments ensure property quality standard
One focal point for ESPG in the ongoing optimization of the Science Park portfolio is currently the re-letting of space in the Science Park "Science City" in Ulm. The telecommunications group Nokia has exercised a contractual termination option at at the end of 2025. ESPG is already in talks with potential new tenants to ensure a swift re-letting. The overall objective is to strengthen the property in the long term and to increase its attractiveness for new tenants.