Iconic German department store KaDeWe in Thai hands
Thailand's Central Group has acquired the iconic ‘Kaufhaus des Westens’ (KaDeWe) building from the bankrupt Signa Group for a billion euros.
Source: retaildetail.eu
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Thai Billionaire Acquires Berlin's Luxury Store KaDeWe
Berlin's renowned luxury department store KaDeWe has changed hands, now owned by the Thai Central Group.
Source: ftnnews.com
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Source: womanandhome.com
Thai group buys iconic Berlin department store
Thailand's Central Group said Friday it has bought the iconic KaDeWe department store in Berlin from insolvent Austrian real-estate giant Signa."We are pleased to add KaDeWe Berlin to Central Group's historic flagship luxury store real estate portfolio," said Central Group's chief executive, Tos Chirathivat.
Source: yahoo.com