Description
Signa Holding is Austria's largest privately owned real estate company. Signa Holding GmbH announced insolvency proceedings at the end of November 2023. The company will apply for self-administration restructuring proceedings at the commercial court Vienna.
Signa was founded in 2000 by the Tyrolean entrepreneur René Benko. Over the years, it has become a pan-European real estate group with more than 150 employees and offices in Vienna, Innsbruck, Munich, Düsseldorf, Luxembourg, Zurich, Bolzano, Berlin and Hamburg.
The principal focus of the group is long-term investment in real estate in prime city centre locations. The firm has also became the biggest owner of malls in Central Europe with over 46,000 employees.