Are real estate bankruptcies now causing the banks to fail?

Are real estate bankruptcies now causing the banks to fail?

Management warns of serious sustainability risks. The banks’ buffers are not enough. Vienna. It is an expert group that is currently tapping the fingers of the banks: high-ranking experts from the Ministry of Finance, the Crown Council, the Financial Market Research Authority (FMA) and the Austrian National Bank (OeNB) on Thursday in the Financial Market … Read more

Signa Prime restructuring manager demands 456 million euros back – Economy –

Signa Prime restructuring manager demands 456 million euros back – Economy –

2.10.2024 12:13 (Akt. 2.10.2024 12:46) Restructuring administrator Abel wants to send further legal challenges ©APA/EVA MANHART The restructuring manager of the insolvent real estate company Signa Prime Selection (SPS) wants to reclaim around 456 million euros in payments that the company may have made unlawfully before the bankruptcy. This emerges from the fifth report by … Read more

What does that mean for cinema?

What does that mean for cinema?

Until seven years ago, K-Motion GmbH & Co. KG was only a tenant on Prenzlauer Friedrichstrasse. But shortly before Christmas 2017, the operators of the Union Filmtheater The building was unexpectedly sold to a group of investors. But that’s not all. The Hamburg company subsequently completely rebuilt the three cinema halls and replaced the approximately … Read more

Wait before buying a house or taking out a mortgage?

Wait before buying a house or taking out a mortgage?

After the National Bank’s key interest rate cut: wait before buying a house or take out a mortgage now? The National Bank has reduced the key interest rate again. Mortgage interest rates were already falling. What does this mean for the Aargau real estate market? What can we expect from the future? Falling interest rates … Read more

Signa – Loan from the Laura Private Foundation in the sights of the judiciary – Economy –

Signa – Loan from the Laura Private Foundation in the sights of the judiciary – Economy –

26.09.2024 14:34 (Akt. 26.09.2024 14:34) In the wake of the bankruptcy of the former real estate empire Signa, billions in claims evaporated. The insolvency administrators fight for every cent for the creditors. The liquidator of Signa Holding, Christof Stapf, is currently challenging a dubious loan granted by the Laura Private Foundation of the company founder … Read more

Will Latvia join the Nordic countries in search of Bitcoin (+ VIDEO)

Will Latvia join the Nordic countries in search of Bitcoin (+ VIDEO)

Data from US financial institutions for the second quarter shows that the big players of Wall Street have significantly increased their investments in cryptocurrencies. Among them, Goldman Sachs and Morgan Stanley reported that they have bought Bitcoin spot ETF worth more than 600 million US dollars, which is significantly higher than the amount of investments … Read more

After just moving into the house of Rp. 30 billion, this couple wants to leave and they don’t want to come back

After just moving into the house of Rp. 30 billion, this couple wants to leave and they don’t want to come back

Jakarta – At first the man and this couple were very happy to buy a house Their dream costs £1.5 million or about IDR 30.28 billion (exchange rate IDR 20,187). However, the sad state of the house shocked them. Quoted from Metro, Martin and Sarah Caton bought a luxury gothic house at an incredible price … Read more

Who can still afford a house now

Who can still afford a house now

Real estate prices have been rising for years, while wages are lagging behind. If you’re a hairdresser, salesperson or carpenter and you dream of owning your own home, you can forget it. Home ownership is becoming increasingly expensive: in some sectors, even the absolute top earners without an inheritance cannot afford it. (Archive image) – … Read more

Analysis: Shared rooms in Munich are the most expensive nationwide

Analysis: Shared rooms in Munich are the most expensive nationwide

Shortly before the start of the winter semester, shared rooms in Munich have become more expensive again. This is indicated by an analysis by the Moses Mendelssohn Institute in cooperation with the placement platform wg-gesucht.de, which is available to the German Press Agency. For Munich, the analysis currently shows that a typical room in a … Read more