The real estate giant Signa is shaking: European banks are shaking – Ruetir

The real estate giant Signa is in crisis: Europe is shaking

The Signa dossier, one of Germanys real estate giants, is now the subject of legal proceedings, raising significant concerns in Frankfurts financial landscape. The German subsidiary, Signa Real Estate Management Germany, has officially filed for bankruptcy at the Berlin Charlottenburg District Court, suggesting that other subsidiaries in Ren Benkos empire could follow the same path in the coming days. Market sources indicate that lThe entire group could be declared bankrupt as early as today. Mf reports it.

Signas financial situation has been tense for several weeks, also highlighted by tensions with its main creditors. Founded in Austria in 2000, the Signa Group has become the…