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Kaufhaus Tyrol in Innsbruck Sold After Signa Bankruptcy
The sale of the Kaufhaus Tyrol department store in Innsbruck, once a prestigious project of Signa founder René Benko, is now officially complete. As part of the bankruptcy proceedings of Signa Prime Selection AG, the newly founded company KHT AcquiCo SARL has taken over the downtown department store.
Düsseldorf-based fashion entrepreneur Patrick Cloppenburg (Peek & Cloppenburg) is set to take over Kaufhaus Tyrol in Innsbruck. / Picture: © Wikimedia Commons / Dnalor 01 / CC BY-SA 3.0 AT (https://creativecommons.org/licenses/by-sa/3.0/at/deed.en)
The exact purchase price has been kept confidential; however, according to information from Abel Rechtsanwälte, the law firm handling SIGNA's insolvency matters, the property on Maria-Theresien-Straße is said to have changed hands for approximately €140 million.
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