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New building starts nosedive in Germany in latest sign of property stress
Reuters via Yahoo Finance· 9 months agoNew construction plunged in Germany during the first half of the year, data on Thursday showed, the...
UPDATE 2-Benko's Signa has halted work on six German projects, data shows
Reuters via Yahoo Finance· 6 months agoConstruction has halted at six sites under development in Germany by Rene Benko's property company Signa, data compiled for Reuters show, underscoring the depths of troubles at the firm and ...
Explainer-Why Germany's property sector is in the dumps
Reuters via Yahoo Finance· 9 months agoFRANKFURT (Reuters) -Germany has long benefited from an era of cheap money that fuelled a...
Why Rene Benko’s fall threatens to bring down Germany’s elite
The Telegraph via Yahoo Finance· 3 months agoPerhaps it was the cold wind that barrelled down Oxford Street, or the early hour, but on Thursday...
Europe's Signa toppled in property rout
Reuters via Yahoo Finance· 5 months agoVIENNA/FRANKFURT (Reuters) -Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed,...