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Claim contradicts earlier findings that company, which part owns Brown Thomas and Arnotts, founded on rising interest rates and their impact on property valuation models
Signa is the biggest casualty to date of Europe's property crisis. Its holding group at the centre of a complex constellation of around 1,000 companies filed for insolvency in November.
Signa’s luxury real estate unit is now caught up in insolvency proceedings in Austria. Read more at straitstimes.com.
From Chinese smartphone maker's foray into EV space to Singapore realty tax and from US mortgage rate slump to Israeli startup, here's a look at some developments in the world of business and economy.
Signa Prime Selection AG, which owns a top Berlin department store, is the latest Signa subsidiary to open bankruptcy proceedings. The Signa Development…