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Benko-Reich collapses: Real estate subsidiaries of the Signa Group insolvent

Benko-Reich collapses: Real estate subsidiaries of the Signa Group insolvent. The real estate and trading empire of billionaire René Benko is in dire straits. After Signa Holding, the core companies of his real estate empire are now also insolvency. After strong growth in the low-interest phase, the network of companies created by Benko, like the entire real estate industry, is struggling with higher construction costs, energy prices and interest rates. Signa Retail Selection AG, headquartered in Switzerland, has announced that it will wind up the company in an orderly manner. ....

Galeria Karstadt Kaufhof , Erhard Grossnigg , Signa Holding , Signa Development , Signa Development Selection , Galeria Karstadt Kaufhof Department , Fabian Bimmer , Prime Selection , Commercial Court , Signa Prime , Management Board , Signa Prime Selection , Retail Selection , René Benko ,

Signa's Prime Selection files for self-administrated restructuring

Signa Prime Selection, a
key division of the troubled Signa property company, filed for
self-administrated restructuring in a Vienna court on Thursday,
Signa said.
A second important.
-December 28, 2023 at 04:41 am EST
- MarketScreener ....

Tom Sims , Signa Development Selection , Prime Selection , Rachel More ,

Key Divisions Of Austria's Signa File For Insolvency

Key Divisions Of Austria's Signa File For Insolvency
barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Galeria Karstadt Kaufhof , Rene Benko , Signa Development , German Department , Signa Development Selection , Signa Prime Selection ,

Top subsidiaries of property giant Signa file for bankruptcy – DW

Signa Prime Selection AG, which owns a top Berlin department store, is the latest Signa subsidiary to open bankruptcy proceedings. The Signa Development… ....

Austrian Signa Holding , Berlin Department , Signa Development Selection , Signa Prime Selection , Reaking News ,