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

Woori Bank, one of the four largest banks in South Korea, will open its first office in Poland in the Park Postępu office complex in Warsaw. The tenant, which will occupy approximately 400 sqm, was supported by Itra Polska as an advisor. Woori Bank will occupy the office in December this year.
Moët Hennessy Polska, an LVMH company and part of the luxury products group, has signed a lease at Metropolitan Warszawa. Moët Hennessy Polska has leased 600 sqm of office space there.
Apollo-Rida, owner and manager of the Equal Business Park office complex in Kraków, has leased further office space totalling nearly 1,000 sqm. The new tenants are BRB Central Eastern Europe and Roeslein & Associates Poland.

New appointments

Agnieszka Niezgodzka joined Accolade as Associate Director of Asset Management. Her duties will be growing the portfolio and increasing the value of the properties.
Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.

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