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Rene Benko's property empire auctions off doormats in scramble for cash

Rene Benko's Signa battles a cash crunch that forced the company into insolvency last year ....

New York , United States , United Kingdom , Chrysler Building , Rene Benko , Erhard Grossnigg , Julius Baer , Thailand Central Group , Credit Suisse , Financial Times , Park Hyatt Vienna , Retail And Consumer Industry , Us Content , Commercial Property ,

Signa administrator begs investors for €350mln to keep projects afloat

Signa administrator begs investors for €350mln to keep projects afloat
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Erhard Grossnigg , Signa Development , Signa Prime , Financial Times , Signa Holdings ,

Signa Crisis: Call to Investors for Financial Support

Signa Holding, a prominent real estate company, is facing financial difficulties. Erhard Grossnigg, the Chief Restructuring Officer of the Signa subsidiaries… ....

Erhard Grossnigg , Real Estate Development , Real Estate Industry , Rene Benko , Signa Holding ,

Signa files for insolvency of real estate companies

The ailing Signa Group has now also started insolvency proceedings for its real estate companies. The retail branch is insolvent as well. ....

Galeria Karstadt Kaufhof , Erhard Grossnigg , Signa Development , Galeria Department , Signa Group , Austrian Benko , Signa Prime ,

Benko-Reich collapses: Real estate subsidiaries of the Signa Group insolvent

Benko-Reich collapses: Real estate subsidiaries of the Signa Group insolvent. The real estate and trading empire of billionaire René Benko is in dire straits. After Signa Holding, the core companies of his real estate empire are now also insolvency. After strong growth in the low-interest phase, the network of companies created by Benko, like the entire real estate industry, is struggling with higher construction costs, energy prices and interest rates. Signa Retail Selection AG, headquartered in Switzerland, has announced that it will wind up the company in an orderly manner. ....

Galeria Karstadt Kaufhof , Erhard Grossnigg , Signa Holding , Signa Development , Signa Development Selection , Galeria Karstadt Kaufhof Department , Fabian Bimmer , Prime Selection , Commercial Court , Signa Prime , Management Board , Signa Prime Selection , Retail Selection , René Benko ,