Signa Founder and Co-owner of Selfridges Exits Troubled Company

  • 📰 wwd
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

René Benko has left as chairman of Signa, and the property company is now in the hands of the restructuring specialist Arndt Geiwitz.

The move follows reports in the U.K. and German press over the weekend that Signa, the multibillion-euro Austrian property developer, is in crisis due to rising interest rates, sinking real estate values and poor management. in 2021 alongside Thailand’s Central Group, said that Geiwitz will also take over the chairmanship of the shareholders’ committee of Signa Holding.

Signa has also engaged other external consultants, including Rothschild & Co., to help carry out a “thorough review of all business areas, develop measures, and draw up an integrated concept for the group.” “I call on everyone involved to engage with this process. The quality of the Signa Prime portfolio is truly unique, and the prospects of the development projects, located in top locations in German-speaking metropolitan regions, are very good,” he said.

On Monday, Selfridges and KaDeWe issued similar statements saying their businesses would not be impacted by Signa’s woes, and they had the full support of Central.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 24. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Building the Future of Finance: An Interview With Bitazza Co-Founder Kevin HengThe rapidly evolving landscape of technology and computing has consumed finance. Once only available to a few, the disruption of the financial industry through technology has made finance accessible to everyone.
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »