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A KPMG report showed Cevdet Caner — who was not supposed to have any direct role in the company — setting meetings, weighing in on pay and berating executives.
Extraordinary events over the past few days have sowed new doubts about the future of what was one of Germany’s biggest home landlords.
The Liechtenstein private bank unveiled a new CEO, shortly after a change in ownership and capital injection.
Austrian $8.4 Billion Property Battle Roughed Up by New Player Matthias Wabl, Bloomberg News (Bloomberg) -- A decade-old takeover drama over the three biggest Vienna-listed real estate companies is getting new momentum after Aggregate Holdings SA entered the stage with surprise deals that could hand it stakes in S Immo AG, Immofinanz AG and CA Immobilien Anlagen AG. Aggregate, already the biggest shareholder in German landlord Adler Group SA, said late Friday it agreed to buy stakes from the key shareholder of both Immofinanz and S Immo. That move came just a week after Aggregate said itâ...
Aggregate Said to Weigh Rival Bid for Property Group CA Immo Bloomberg 1/20/2021 © Bloomberg A CA Immobilien Anlagen AG construction site in Berlin, Germany. (Bloomberg) -- Aggregate Holdings SA is weighing a bid for CA Immobilien Anlagen AG, according to people familiar with the matter, potentially challenging U.S.-based Starwood Capital Group for control of the Austrian property group. Popular Searches The real estate investor expressed interest in December in acquiring Starwood Capital’s near 30% stake in CA Immo and was rebuffed, the people said, asking not to be identified discuss...