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SIGNA Group

Investment fund - Investor / Promoter developer / Retail promoter

Last update July 17, 2020 | Report an error

René Benko

Founder - Chairman of the SIGNA Holding Advisory Board

Dieter Berninghaus

Chairman of the Executive Board

Jürgen Fenk

Co-Chief Executive Officer and Member of the Executive Board

Robert Leingruber

Head of Communications

Christoph Stadlhuber

Spokesman of the SIGNA Group Executive Board - Chief Executive Officer of SIGNA Real Estate Austria

Career

Immobel Executive Chairman Marnix Galle appointed as ULI Europe Chairman

Marnix Galle, executive chairman of Belgian developer, Immobel, has been appointed as ULI Europe Chairman. Succeeding Juergen Fenk, member of the executive board, SIGNA (...)

Retail

Commerz Real acquires 20% stake in 10 German Kaufhof stores

Commerz Real, part of Germany's Commerzbank, has taken a 20% stake in 10 Kaufhof department stores, intending to develop them and boost value together (...)

Listed

Austria's Immofinanz, S Immo abandon long-held plans to merge

Two Austrian listed real estate firms which nearly four years ago announced they would merge activities, and bought each other's equity in preparation, have called (...)

Office

RFR, Signa jointly acquire Frankfurt, Rotterdam portfolio from Allianz

Two of Europe's most powerful private real estate groups, Austria's Signa and New York-based RFR are jointly acquiring a top-end office/retail portfolio from Allianz (...)

Listed

Austria's CA Immo sells 4m Immofinanz shares for €111m

Austria's CA Immobilien has disposed of just over 4m shares in Austrian peer Immofinanz, around 4.0% of the latter's equity, worth an aggregate value (...)

Listed

Pecik, Ketterer buy 10% in Vienna's S IMMO, amid merger talks with Immofinanz

Two Austrian and Swiss investors Ronny Pecik and Norbert Ketterer have acquired a 10% shareholding in S IMMO amid the Vienna firm’s merger talks with peer Immofinanz. S IMMO (...)

Finance

Austria's Signa raises €1.2bn in fresh equity, eyeing acquisitions

Austria's privately-held Signa group is executing two capital increases, of €700m and €500m, earmarking proceeds for acquisitions and boosting liquidity reserves over €1bn. The first (...)

Finance

Madison takes 5% in Austrian Signa's €12.5bn holding in German Kaufhof stores

US-based Madison International has taken a 5% stake in Austrian Signa group's €12.5bn vehicle holding the German Kaufhof stores, plus another 27 trophy assets (...)

Logistics

Spain's Azora, CBRE said launching €250m last-mile logistics firm

Azora, the Madrid property manager which developed and then sold one of Spain' largest REITs, has launched a firm with CBRE to invest €250m (...)

Logistics

Germany’s Karstadt, slated to merge with Kaufhof, plans inner-city logistics

German store chain Karstadt, likely to be merged soon with its peer Kaufhof, has launched a joint venture with the Fiege group to in-source (...)

Retail

Austrian Signa, Canada's Hudson's Bay unite Kaufhof, Karstadt in new retail group

Austria's Signa group has confirmed that German department stores Kaufhof and Karstadt are to be merged in a giant new retail company with Canada's (...)

Retail

German Kaufhof, Karstadt merger said going ahead

The merger of Germany’s two store chains Kaufhof and Karstadt is reportedly going ahead after the cartel office and creditor banks separately agreed that (...)

Listed

Vienna's S Immo hits record first half FFO at €34m, but net slides

Despite extensive sales in recent years and a cut in rental income in first half 2018, Vienna-based S Immo said it substantially increased FFO1 (...)

Retail

Canada's Hudson's Bay confirms talks with Austrian Signa over Kaufhof

Canadian department store group Hudson's Bay Company has confirmed that it is in talks with Austria's private Signa Holding over possible collaboration on its German Kaufhof chain. In a (...)

Retail

Canadian Hudson's Bay said re-starting talks to sell German Kaufhof to Signa

Canadian department store group Hudson's Bay Company, after rejecting an approach in February, is reported to have re-started talks to sell its German Kaufhof chain to the (...)

Listed

Austrian S Immo CEO says Immofinanz 29% buy is step in right direction

Ernst Vejdovszky, CEO of Austrian S Immo in which a 29.14% stake changed hands on Wednesday, acquired by Vienna listed peer Immofinanz, said he (...)

Listed

Austria’s Immofinanz buys Benko, Pecik's 29% S Immo stake for €20 shr

Austrian listed Immofinanz, on the day that a public offer for 5% of its shares opens from US opportunity fund Starwood Capital, said Wednesday it has (...)

Listed

US Starwood Capital says bids for Austrian CA, Immofinanz will boost growth

US-based Starwood Capital Group said its partial bids for Austrian listed companies CA Immo and Immofinanz, which open for acceptances today, will accelerate their growth by providing a long-term-oriented, (...)

Listed

Benko raises S Immo stake to 29%, boosting Austrian Champion speculation

Austrian property tycoon René Benko nows controls 29.14% in Vienna listed S Immo after his private trust on Monday acquired 7.28% from the Vienna Insurance Group. (...)

Listed

Vienna’s Immofinanz returns to €181m net profit in 2017, excluding Russian operations

Austrian property group Immofinanz last year turned into profit, excluding discontinued operations, with net earnings of €181m reversing a pro-forma €147m loss for 2016. Including these (...)

Listed

Austria's Immofinanz rejects unsolicited US Starwood offer at €2.10 shr

Austria's listed property group Immofinanz has rejected an unsolicited partial offer for a 5% stake made by the US-based Starwood Capital group in parallel to a bid for (...)

Retail

Karstadt purchase not aimed at creating downtown malls, says Signa's Benko

René Benko, Austria's biggest real estate entrepreneur and owner of the Signa group, says he did not acquire German store chain Karstadt to convert all of them into (...)

Retail

Vienna's Signa withdraws €3bn Kaufhof offer after Canadian Hudsons Bay rejection

Just two days after appointing a new CEO, Canadian retailer Hudsons Bay this week announced its rejection of an unsolicited offer for German store (...)

Office

German 2017 CRE investment hits record €57bn, 2018 to depend on rates, bonds - JLL

Investment in German commercial property last year hit €56.8 bn, shattering the prior record set in 2015 by €1.7 bn, and up 7% from (...)

Finance

Austria's Erste sells strategic S Immo stake to shareholder Pecik, supported by Benko

In a last-minute action in 2017, Austria's Erste Group Bank sold its long-held 10% strategic stake in listed Vienna-based S Immo to existing shareholder (...)

Retail

Kaufhof/Karstadt would be major test of Signa’s entrepreneurial ability

Austria’s private Signa group is well on its way to wiping out memories of the past troubles of its youthful founder René Benko. If (...)