Page 3 - Signa Development News Today

The future of the two important branches of the Signa Group, Signa Prime and Signa Development, seems secure for the time being.

It was a mistake for Austrian property group Signa to venture into the retail business, since that cost it capital that was sorely missing when it tried to stave off insolvency, executive Alfred... -January 13, 2024 at 10:09 am EST - MarketScreener

It was a mistake for Austrian property group Signa to venture into the retail business, since that cost it capital that was sorely missing when it tried to stave off insolvency, executive Alfred Gusenbauer said in comments broadcast on Saturday. Gusenbauer, a former leader of the Social Democrats and Austrian chancellor, was one of the most senior executives in the complex constellation of around 1,000 companies that make up Signa, the biggest casualty so far of the woes afflicting Europe'...

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Signa’s luxury real estate unit is now caught up in insolvency proceedings in Austria. Read more at straitstimes.com.

The Thai retail group, which already has a majority stake in the operating company that controls Selfridges, could take control of the retailer's property division following the collapse of its JV partner Signa.

Central Retail, which already controls Selfridges' operating company, could take over the retailer's property arm following the collapse of Signa.

FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts...

FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around 1.16 billion euros ($1.28 billion), the KSV creditor protection association said. Signa on Thursday had said that the development division, as well as its big business Signa Prime, would be filing for insolvency this week, in what was a significant twist in the unravelling of founder Rene Benko's real estate empire. Signa Developm...

Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around 1.16 billion euros , the KSV creditor protection association... -December 29, 2023 at 03:27 am EST - MarketScreener