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Chrysler Building's Austrian Backer Tumbles Out Of Billionaire Ranks - Vimarsana News

Chrysler Building's Austrian Backer Tumbles Out Of Billionaire Ranks

René Benko built his real estate fortune on debt. His empire is now unraveling as it struggles to pay its bills.

Source: forbes.com
Chrysler Building's Austrian Backer Drops Out Of Billionaire Ranks - Vimarsana News

Chrysler Building's Austrian Backer Drops Out Of Billionaire Ranks

René Benko built his real estate fortune on debt. His empire is now unraveling as it struggles to pay its bills.

Source: forbes.com
Real estate development company Signa declares bankruptcy - Vimarsana News

Real estate development company Signa declares bankruptcy

The Austrian promoter's debts have reached around five billion euros, according to creditor protection associations KSV1870 and Alpenländischer

Europe's Signa toppled in property rout - Vimarsana News

Europe's Signa toppled in property rout

By Alexandra Schwarz-Goerlich, John O'Donnell and Emma-Victoria Farr

Signa Insolvency: Europe's Signa toppled in property rout, Real Estate News, ET RealEstate - Vimarsana News

Signa Insolvency: Europe's Signa toppled in property rout, Real Estate News, ET RealEstate

Signa Insolvency: Controlled by Austrian magnate Rene Benko, Signa group is an owner of New York's Chrysler Building as well as several high-profile projects and department stores across Germany, Austria and Switzerland.