“It’s in the nature of things that the best Signa times are over” – harsh words in the direction of real estate juggler René Benko. And they come from an investor of all people. And even Hans Peter Haselsteiner, who only put money back into Benko’s Signa group in 2021, asked critical questions.
Klaus-Michael Kühne, one of the key investors in René Benko’s Signa Group, once again made people sit up and take notice with harsh words, according to a current “Manager Magazin” report: “It’s in the nature of things that the best Signa times are over ; The real estate boom has come to an end and financing costs have risen sharply,” the 85-year-old is quoted as saying. Kühne is “examining investments” When asked whether he would continue to be involved with Signa, Kühne said, according to “Manager Magazin”: “The Kühne Holding keeps examining investment opportunities in the real estate sector, largely, but not exclusively, independently of Signa.” As early as February, Kühne had described “his needs” in the medium with the following words: “It is currently somewhat volatile. We are keeping an eye on the issue.” With a majority stake in the logistics company Kuehne+Nagel and a 17.5 percent stake in Lufthansa, Kuehne is one of the richest Germans, and his private assets are estimated at 40 billion euros. His Kühne Holding holds an 8.91 percent stake in Signa Prime Selection. Critical questions from Haselsteiner The magazine also reports on an investor conference in Berlin, where Signa investor Hans Peter Haselsteiner is said to have raised critical questions. He had only increased his stake in Signa from ten to fifteen percent in 2021.
