Austrian billionaire due big payout after real estate revaluation

Oct 6, 2020 |

Austrian property billionaire Rene Benko and his outside investors are set for a big payout after his trophy-asset unit revalued assets to double net income. Signa Prime Selection, which owns luxury retail sites including Berlin’s KaDeWe and Vienna’s “Golden Quarter,” plans to pay 201 million euros ($237 million) in dividends, the company said in a […more]

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