Categories: Market

Real Estate: Signa Development Selection files for bankruptcy on Friday

class = “sc-cffd1e67-0 fmXrkB”>

Following Signa Prime Selection AG, the flagship of Signa Group’s real estate division, Signa Development Selection AG is expected to file for bankruptcy on Friday. It will be another application in the Signa company network of Austrian real estate investor René Benko. (Archive)

Like Prime and parent company Signa Holding, which filed for bankruptcy at the end of November, Signa Development is aiming for a self-managed restructuring process. This is another central real estate company in René Benko’s corporate network.

Like Signa Holding and Signa Prime, this development will probably enter the list of largest bankruptcies in Austrian history. Signa Development specializes in real estate development projects in German-speaking countries and northern Italy.

(SDA)

Source :Blick

Share
Published by
Tim

Recent Posts

Terror suspect Chechen ‘hanged himself’ in Russian custody Egyptian President al-Sisi has been sworn in for a third term

On the same day of the terrorist attack on the Krokus City Hall in Moscow,…

1 year ago

Locals demand tourist tax for Tenerife: “Like a cancer consuming the island”

class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…

1 year ago

Agreement reached: this is how much Tuchel will receive for his departure from Bayern

class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…

1 year ago

Worst earthquake in 25 years in Taiwan +++ Number of deaths increased Is Russia running out of tanks? Now ‘Chinese coffins’ are used

At least seven people have been killed and 57 injured in severe earthquakes in the…

1 year ago

Now the moon should also have its own time (and its own clocks). These 11 photos and videos show just how intense the Taiwan earthquake was

The American space agency NASA would establish a uniform lunar time on behalf of the…

1 year ago

This is how the Swiss experienced the earthquake in Taiwan: “I saw a crack in the wall”

class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…

1 year ago