Austrian investor Signa has sold a 49.9% stake in the KaDeWe building in the der Tauentzienstraße 21-24, Berlin, to Thai investor Harng Central Department Store, which is backed by Central Group, a Signa spokesperson confirmed to Thomas Daily, a CoStar News publication.
Signa Sells 50% Stake in Berlin Department Store to Central Group
Sale Forms Part of Existing JV Between Austrian and Thai Investors
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