Atenor raises €45.3 million to support strategic plan and strengthen balance sheet
Atenor has completed a capital increase of €45.3 million through an accelerated private placement, issuing shares at €2.62 each. The capital injection aims to reinforce the company’s balance sheet and improve financial flexibility, supporting the implementation of its three-year strategic plan in a challenging real estate environment.
Announced earlier this year, Atenor’s 2025–2027 plan centres on three key priorities: advancing its residential and mixed-use development pipeline, consolidating its core office portfolio in major urban centres, and gradually reducing its exposure to the Central European office market.
The company reports progress in debt reduction, strategic project execution, and repositioning of its portfolio, aligning with its long-term objectives.
Atenor CFO Caroline Vanderstraeten stated that reducing debt remains a central objective as the company strengthens its financial structure to support its ongoing transformation. CEO Stéphan Sonneville noted that the early months of 2025 have confirmed the company’s direction, with a focus on strategic clarity and financial discipline to support renewed growth and long-term value creation.
