Overview
Signa Holding GmbH (stylized as SIGNA) is Austria’s largest privately owned real estate company. 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.
Structure
In 2013, SIGNA extended its activities on merchandising by acquiring majority stakes in the German sporting goods specialist Karstadt sports and in Karstadt Premium. In summer of 2014, SIGNA took over Karstadt Warenhaus.
Since 2013 SIGNA operates in two independent business segments. In 2018 a third segment with "SIGNA Media" was added.
The group of companies covers real estate assets worth more than 14 billion euros. The current development volume is about 8 billion euros.
The Signa Group is not only active in its core markets of Austria and Germany but also in Italy, Switzerland, Luxembourg, Belgium and the Czech Republic. In an interview in February 2020 René Benko talked about total assets of 25 billion Euro.
From Wikipedia (CC BY-SA 4.0).