Etiket: Signa
Signa founder Benko’s villa seized because of tax demands
The Austrian tax authorities have seized a luxury villa belonging to real estate investor René Benko, who has been affected by bankruptcies. As can be seen from the land register,…
Senate Administration: Signa development is ‘serious’
Berlin Image: Daniel Frese The Berlin Senate Department for Economic Affairs is concerned about the latest developments in billionaire René Benko’s real estate and trading empire. “The economic administration assesses…
Selfridges is seeking funding amid the wave of Signa insolvencies
Signa’s wave of bankruptcies also has an impact on Selfridges Group. The British luxury department store operator is said to be in talks with Thailand’s Central Group to negotiate future…
Further bankruptcy filing at Signa
Another application for insolvency has been filed for the ailing Signa Group of the Austrian investor René Benko. According to the Vienna Commercial Court, Signa Development Selection AG filed for…
Real estate units of the Signa Group insolvent
The decline of Signa founder René Benko’s empire is now also affecting the central building blocks of the real estate division. Signa Prime Selection AG applied for self-administration restructuring proceedings…
Signa renovation process without acute consequences for Elbtower
From the perspective of the city of Hamburg, the proposed restructuring process under the self-administration of Signa Prime Selection AG has no acute consequences for the Elbtower. However, a spokesman…
Galeria’s future unclear after further Signa insolvency announcements
After the announced bankruptcy filing of important Signa companies, the future of the department store chain Galeria Karstadt Kaufhof (GKK) remains unclear. The company did not want to comment on…
Confusion surrounding René Benko’s SIGNA: The two most important SIGNA real estate companies announce insolvency proceedings
The company announced this in a press release this morning. A restructuring procedure under self-administration is being applied for. According to creditor protectors, the liabilities are around 4.5 billion euros…
Signa Group dissolves prominent advisory board
The real estate and trading group Signa, which has been hit by bankruptcies, has dissolved its prominent advisory board. The strategic advisory committee, which included the German management consultant Roland…
Migros is also said to be on SIGNA Holding’s list of creditors alongside Julius Baer
According to a press report, the Migros Genossenschaftsbund (MGB) is also on the list of creditors of the insolvent Austrian SIGNA Holding. A total of ten companies and companies from…