ARTICLES LABELLED WITH TAG Signa Retail

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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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

Apollo-Rida, the owner and manager of the Equal Business Park office complex in Kraków, has extended some of its lease agreements, covering a total of more than 5,000 sqm of office space. Companies that have decided to continue their cooperation include Assa Abloy, Kimberly Clark, Endava and the law firm Kochański & Partners.
A C&A chain store has joined the tenants of the Blue City shopping centre in Warsaw. This will be the brand's seventh shop in the capital. The store, with an area of over 2,200 sq m, will open on level 0.
Media Markt has announced the opening of a new shop in Olsztyn. The outlet, located in the Aviator Retail Park and occupying an area of 577 sqm, operates in the modern Xpress format.

New appointments

Krisztina Enzsöl has joined Knight Frank Hungary as Associate Director in the office division. She has over 24 years’ worth of experience in real estate, being specialised in office leasing. In addition, Enzsöl has extensive knowledge in both tenant and landlord representation.
Beginning of September this year, the Management Board at Avison Young's Polish branch underwent a change, with Monika Bronicka, Director, Head of Valuation and Advisory, Business Development, becoming a Member of the Board.
In September 2024, Ewa Andrzejewska took on the role of Chief Operating Officer of the Polish Chamber of Commercial Real Estate (PINK). In her new role, she will be responsible for co-creating and implementing PINK's strategy and further developing the organisation.

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