Central ‘wants to acquire Signa retail properties’

Central ‘wants to acquire Signa retail properties’

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Top Thai merchant looking at more high-end residentialorcommercialproperties held by insolvent Austrian group PUBLISHED : 30 Mar 2024 at 20: 00 A Christmas tree is set up in front of the Kaufhaus des Westens — muchbetter understood as KaDeWe — department shop in Berlin in November2023 (Photo: Reuters) The Thai seller Central Group desires to take over some more genuine estate properties from the insolvent Austrian home business Signa, consistingof KaDeWe in Germany and Selfridges in London, Business Insider reported on Saturday. Central is interested in Signa’s whole high-end group, which likewise consistsof Alsterhaus in Hamburg, Oberpollinger in Munich, and Globus in Switzerland, the German-language report stated, pointingout unknown sources at the Thai business. The report keptinmind that Central is currently considerably invested in Signa’s high-end holdings. Central might not be imme
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