The sale of Signa Real Estate to the Schoeller Group is currently on hold

The relevant report of ORF “ZiB1” was confirmed by informed sources on Monday evening. It should depend on the selling price, and negotiations will take place soon. Properties include the Golden's Quarter, the Hotel Park Hyatt in Vienna and the Tyrol department store in Innsbruck.

German businessmen helped René Benko's Cigna Prime Selection out of a liquidity crunch last summer with a 200 million euro loan in exchange for ownership in the fund, Cigna Prime Capital Invest GmbH. A supermarket in Vienna KaDeWe in Berlin and the Elbtower project in Hamburg.

Of the 37 interested parties for Signa Prime Asset GmbH, the assets belong to, the Schoeller Group is said to have not only offered the best price, but also the best structural offer, ie: minus the rights to Signa Prime Capital. , exploitation of valuable assets will no longer be prevented. When asked, Prime's restructuring manager did not respond to the rumours.

Millions of requests

Signa REM Transactions GmbH, Signa Hospitality GmbH and Burgenland Jagdpachtgesellschaft mbH received news on Monday. A public hearing on the bankruptcy proceedings for these companies took place today at the Vienna Commercial Court. As reported by KSV1870, lenders have filed claims for millions of companies. The companies were shut down by the bankruptcy court, with no plans to continue or restructure them.

Meanwhile, the Munich public prosecutor's office is investigating Cigna founder Rene Benko on suspicion of money laundering. According to a report by Germany's “Bild am Sonntag”, the process began in November last year. Munich officials declined to comment on the report to the newspaper. Benko's lawyer said he was not aware of the proceedings. According to “BamS” it concerns a construction project between Munich Central Station and Karlsplatz (Staches).

See also  After Iran attack: Airlines cancel flights

120 million Euros from RBI

According to the report, Benco's companies are said to have raised nearly 1 billion euros from banks and investors for the acquisition and development of the “New Center of Munich” project. The 120 million euros is said to be coming from Raiffeisen Bank International (RBI), the newspaper writes, citing Cigna files and land registry extracts. Benco companies are said to have provided exaggerated information about future rental income in order to secure more loans under better conditions. A large part of the money is said to have flowed abroad.


Information You can add a keyword to your titles by clicking the icon.

Click the icon to open your “My Topics” page. They have 15 keywords saved and keywords to be removed.

Information You can remove a keyword from your titles by clicking the icon.

Add a title to your titles.

Leave a Reply

Your email address will not be published. Required fields are marked *