Mall of Berlin’s Strained Finances Force Lenders Into New Talks
Lenders to one of Berlin’s largest shopping malls are weighing a temporary reprieve on its debt as talks with a potential new investor drag on.
Mall of Berlin’s creditors are in discussions about a standstill agreement while a proposed sale of a stake in the company to Eurofund Group has yet to materialize, according to people familiar with the matter. Talks are centered on a loan package put in place in 2014 totaling about €600 million ($696 million).