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Corestate Shareholders Fail to Turn up for €15 Million Capital Hike Approval

Firm’s Management Had Sought Much-Needed Cash During Extraordinary Shareholder Meeting
Frankfurt-based Corestate has been battered by falling fee income, writedowns and a staff exodus. (Getty Images)
Frankfurt-based Corestate has been battered by falling fee income, writedowns and a staff exodus. (Getty Images)
CoStar News
November 4, 2022 | 1:43 P.M.

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Corestate shareholders have failed to turn up during an extraordinary general meeting to approve a planned €15 million capital hike.

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News | Corestate Shareholders Fail to Turn up for €15 Million Capital Hike Approval