ARTICLES LABELLED WITH TAG Signa Retail

News Germany’s biggest department store chain files for third insolvency
09
Jan
2024

Germany’s biggest department store chain files for third insolvency

by Property Forum
Galeria Karstadt Kaufhof, Germany’s largest department store chain owned by Austrian Sign Group, has initiated its third insolvency procedure in less than four years over financial issues.
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News Signa Retail sells Kika’s Eastern European business to XXXLutz
13
Jun
2019

Signa Retail sells Kika’s Eastern European business to XXXLutz

by Property Forum
International law firm Noerr, together with Vienna-based Austrian law office Arnold, have advised Signa Retail on the sale of Kika’s Eastern European business to XXXLutz. The parties signed the contracts on the sale of the 22 locations in the Czech Republic, Hungary, Romania and Slovakia on April 26, 2019. The transaction has included both the operational retail business with over 1,500 employees and the 22 properties.
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Latest news


New leases

  • Four new tenants have secured space in Liberty, a mixed-use building in Budapest, developed by Wing. Coop, FedEx, Praktiker and 3 Print have concluded lease agreements for more than 3,500 sqm of office space.
  • Tech company Blankfactor will open an office on the 35th floor of RPHI’s SkyTower Bucharest building. The lease deal was brokered by CBRE.
  • Aluprof SA, has joined the tenant roster in the LIXA E building in Warsaw. The 340 sqm of modern space located on the ground floor of the building will house the company’s office and showroom. The LIXA E building has also been chosen by the medical communications agency Unique Work for its new headquarters. The company has leased nearly 285 sqm of space, also on the ground floor.

New appointments

  • Anna Bartoszewicz-Wnuk joins the Velis Real Estate Tech team as Head of Central & Eastern Europe and will be responsible for the company's development in the CEE markets.
  • DVM group, an integrated architectural and construction services provider is restructuring its design department. Ákos Csécsei has been appointed to head the architectural design department and Tímea Fekete-Tóth to lead the interior design department. The managers have grown with the company, with multiple projects to their name.
  • Meta Estate Trust has named Adela Antone as Investment Director. She has around 20 years’ worth of experience in the banking and real estate sectors.

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