Signa Holdings

Thailand’s Central Group said on Friday (Apr 12) that it has bought the iconic KaDeWe department store in Berlin from insolvent Austrian real-estate giant Signa.

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.

Germany’s Galeria Karstadt Kaufhof is to be taken over by a consortium including US investor Richard Baker, CEO of its previous owner Hudson’s Bay Company, two sources familiar with the matter said on...

SIGNA’S flagship property unit is close to an agreement to sell a portfolio of luxury Austrian assets to Germany’s Schoeller Group, according to sources familiar with the matter.

Signa Prime Selection will lay out on Monday (Mar 11) how it plans to pay back creditors, marking a crucial step in its effort to avoid liquidation.

JULIUS Baer’s decision to exit the private debt business is unlikely to prompt similar moves across the financial sector. But, market watchers said that greater caution is inevitable as the impact of ...

The more the leadership at Julius Baer Group looked at their exposure to Rene Benko’s collapsed property empire, the worse the outlook for chief executive officer Philipp Rickenbacher became.

Julius Baer Group said it would exit its private debt business after writing down all of its loans to the bankrupt Signa companies, and confirmed that chief executive officer Philipp Rickenbacher is s...

Julius Baer Group will write off some US$463 million or more related to its exposure to bankrupt property mogul Rene Benko’s Signa empire, Sonntagszeitung reported.