Tag: Elbe Tower
City of Hamburg secures buyback option for Elbtower
As of: May 15, 2024 12:32 p.m After the Signa bankruptcy, there are several interested parties for the Elbtower shell. Hamburg’s urban development senator Karen Pein (SPD) and Hafencity boss…
Elbtower project company files for bankruptcy | tagesschau.de
As of: January 19, 2024 12:47 p.m The most famous construction project by real estate entrepreneur René Benko is bankrupt: the owner of the Elbtower property in Hamburg has filed…
Elbtower Immobilien GmbH insolvent: Hamburg can buy back property | NDR.de – News
As of: January 19, 2024 12:31 p.m Construction on the Elbtower in Hamburg has been halted for almost three months because the Signa Group has run out of money. Now…
Benko bankruptcy: Will the Hamburg Elbtower be sold to Saudi Arabia?
The insolvent Benko Group urgently needs money for its restructuring. Apparently it is now also possible to sell large real estate portfolios. source site
Benko bankruptcy: Will the Hamburg Elbtower be sold to Saudi Arabia?
The insolvent Benko Group urgently needs money for its restructuring. Apparently it is now also possible to sell large real estate portfolios. source site
“Suspicion of gross breach of duty”: Signa real estate boss fired
As of: December 12, 2023 12:48 p.m The insolvent Signa Group has fired the previous real estate boss – due to strong suspicion of “gross breaches of duties”. The company’s…
Signa’s insolvency will probably hurt banks, but it won’t endanger them
As of: December 1st, 2023 3:11 p.m René Benko’s corporate empire is apparently falling apart. Signa Holding’s debts are enormous. German state banks are probably also among the creditors. How…
Questions and answers: What happens after the Signa bankruptcy?
faq As of: November 29, 2023 7:13 p.m Why did Signa have to file for bankruptcy now? What does this mean for the group’s construction sites and the real estate…
Signa’s insolvency: Where the Benko bankruptcy could impact
background As of: November 29, 2023 12:28 p.m With Signa, the Austrian René Benko created a company empire that was difficult to understand. The insolvency of his holding company is…
Billionaire Kühne is considering taking over the Elbtower
As of: November 27, 2023 9:02 a.m The logistics billionaire Klaus-Michael Kühne could take over the construction of the Elbtower in Hamburg. A German subsidiary of the Signa Group had…