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Austria's insolvent Signa sells Venice's Hotel Bauer to German group

Insolvent Austrian property
company Signa Prime Selection, part of the troubled Signa
empire, has sold the luxury Hotel Bauer on Venice's Grand Canal
as part of a deal with German industrialist family...
-April 26, 2024 at 06:08 am EDT
- MarketScreener

Italy , Germany , Austria , Vienna , Wien , Bolzano , Trentino-alto-adige , Hong-kong , Munich , Bayern , Austrian , German

Signa Prime Selection: Austria's Signa sells Venice's Hotel Bauer to German group, ET RealEstate

Signa Prime Selection: Signa, the property group founded by Rene Benko, has become the biggest casualty so far in Europe's real estate crisis, with creditors filing claims totalling billions of euros.

Italy , Austria , Germany , Hong-kong , Bolzano , Trentino-alto-adige , Munich , Bayern , Vienna , Wien , Austrian , German

Thai group buys Berlin's iconic KaDeWe store building – DW – 04/13/2024

The building that houses the KaDeWe, a high-end department store and Berlin tourist attraction, has been taken over by the Thai Central Group. The group is rumored to be interested in buying the retail business as well.

Thailand , Berlin , Germany , Munich , Bayern , Hamburg , Austria , Thai , Austrian , East-germans , Alsterhaus-department

Thailand's Central Group buys Berlin's insolvent KaDeWe store

The major Thai developer, Central Group, has taken over the property that is home to Berlin's iconic KaDeWe department store following an agreement with the previous, insolvent owner Signa Prime Selection, Central said on Friday. The Thai group is also considered to be among the leading candidates bidding to fully take over the whole KaDeWe Group, including the retail business itself, according to trade experts. Central currently holds a 50.1% stake in the group, while 49.9% belong to the Signa

Thailand , Austria , Berlin , Germany , Hamburg , Thai , Austrian , Galeria-karstadt-kaufhof , Signa-group , Central-group , Kadewe-group , Benko-signa-group

Thailand's Central Group buys Berlin's iconic KaDeWe store building

The major Thai developer, Central Group, has taken over the property that is home to Berlin's iconic KaDeWe department store following an agreement with the previous, insolvent owner Signa Prime Selection, Central said on Friday. The Thai group is also considered to be among the leading candidates bidding to fully take over the whole KaDeWe Group, including the retail business itself, according to trade experts. In addition to the famed high-end KaDeWe store in Berlin, which was founded in 1907

Hamburg , Germany , Austria , Munich , Bayern , Berlin , Thailand , West-germany , Austrian , Thai , Galeria-karstadt-kaufhof , Signa-group

Central Group Takes Control of KaDeWe Berlin Property

The deal is haild as a milestone 'in the attempt to restore and restructure the KaDeWe Group operating company toward a sustainable, financially viable business.'

Austria , United-states , Thailand , London , City-of , United-kingdom , Germany , Berlin , Austrian , American , German , Arndt-geiwitz

Signa Prime to Name New Supervisory Board to Oversee Disposal

Signa Prime to Name New Supervisory Board to Oversee Disposal
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

London , City-of , United-kingdom , Berlin , Germany , Austria , Austrian , Michael-siefert , Juergen-johann-rupp , Michael-mitterdorfer , Marton-eder , Sebastian-schaefer

These 189 People Fell Off Forbes' Billionaires List In 2024

These 189 People Fell Off Forbes' Billionaires List In 2024
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

Italy , Israel , Tessenderlo , Region-flamande , Belgium , Shangji , Zhejiang , China , Hong-kong , Switzerland , Macau , United-states

Attestor Backs Signa Prime Restructuring With €100 Million Loan

Attestor Backs Signa Prime Restructuring With €100 Million Loan
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Attestor-ltd , Signa-prime-selection ,

Blackwells Withdraws Offer to Purchase Braemar Hotels

Blackwells Withdraws Offer to Purchase Braemar Hotels
skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Hamburg , Germany , Arizona , United-kingdom , West-seneca , Tennessee , Ohio , Phoenix , Porto , Portugal