Are there fire sales at Signa?

2023-12-29 16:35:00

It should be clear by the end of January at the latest whether the Signa renovation will work. Otherwise the real estate market will be shaken up.

As announced, the second core company of the ailing Signa Group owned by real estate developer René Benko filed for bankruptcy at the Vienna Commercial Court on Friday. Signa Development Selection AG is developing, similar to Signa Prime Selection, which is also insolvent, with 39 current projects bundled there…

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#fire #sales #Signa

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