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Benko Establishes Joint Venture with Israeli Investor
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Published: January 16, 2013; 19:12 ♦ (Vindobona)

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The Austrian real estate investor René Benko has found a partner. The joint venture will focus on commercial properties in Germany.

According to Benko´s Signa Holding, Signa Prime Selection has established a joint venture together with the Israeli BSG Real Estate Limited (BSGRE). BSGRE is owned by the billionaire Benyamin Steinmetz. According to insiders, Steinmetz is the second-richest Israeli. Steinmetz focuses on commodities and properties.
Signa Holding´s investment volume totals about € 5.5bn. More…
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