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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 ....

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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. ....

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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. ....

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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 ....

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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 ....

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