When asked whether Real can even survive against the competition with a small number of branches, the SCP Group boss says: “We don’t make hasty decisions and give Real a fair chance. But we can already see that it will be difficult.”
Brabet-Friel, for example, brought in the idea that online services could be offered in the branches. It is unclear which exactly it is.
However, the statements increase the uncertainty among employees. Many of the employees also turn to the CHIP editorial team at regular intervals and ask themselves whether the new owner is able to manage the markets at all. While x + Bricks is a purely real estate group, the SCP Group is considered a financial investor, which belongs to Sistema.
The Sistema conglomerate, in turn, has stakes in Russian banks, hospitals, pharmaceutical companies, telecommunications services, insurance companies, media companies and energy companies.-
Retail expertise is brought about by owning the Detsky Mir toy chain. X + Bricks, Sistema and SCP have little to no experience with German retailers – except, of course, as a lessor of retail space.
After all, with Kaudewitz, SCP managed to get a successful manager and industry expert on board. With its know-how, Real could get a second chance, at least in the transition phase.
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