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DUESSELDORF - Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another step towards buying the group. Read more at straitstimes.com.
Central Group wants to take over some real estate assets from insolvent Austrian property company Signa, including KaDeWe in Germany and Selfridges.
Thai retailer Central Group reportedly wants to take over some real estate assets from insolvent Austrian property company Signa.
British investment fund Attestor Ltd. has granted Signa's Prime unit a loan of up to 100 million euros to boost the liquidity of the insolvent Austrian property company, restructuring... -March 29, 2024 at 09:36 am EDT - MarketScreener
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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