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Thailand's Central buys German luxury retail property

Thailand s Central buys German luxury retail property ....

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Thai group buys iconic Berlin department store

Thailand's Central Group said Friday it has bought the iconic KaDeWe department store in Berlin from insolvent Austrian real-estate giant Signa."We are pleased to add KaDeWe Berlin to Central Group's historic flagship luxury store real estate portfolio," said Central Group's chief executive, Tos Chirathivat. ....

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Thailand's Central buys German luxury retail property KaDeWe

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. ....

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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.' ....

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