Ten properties

The struggle for Benko’s Viennese silverware continues

The sale of the Park Hyatt is within reach.(Bild: Krone KREATIV/stock.adobe.com, GEORG HOCHMUTH / APA / picturedesk.com, Krone KREATIV)

Sales of prime properties from René Benko's bankruptcy are making headlines. This masks the stalemate at all the other Signa properties in Vienna.

The department store skeleton on Mariahilfer Strasse was sold in mid-October, and the bidding period for the Park Hyatt Hotel am Hof has just ended for allegedly several interested investors: a sale is therefore within reach here too. However, these partial successes in working through the various Signa insolvency proceedings are the exception and not the rule.