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Signa's Major Project "Lamarr" in Vienna Seeks New Owner
The prestigious "Lamarr" real estate project on the bustling Mariahilfer Strasse, a flagship property of the troubled Signa Group, is now officially on the market.
The planned Lamarr department store, which is currently still a large construction site on Vienna's Mariahilfer Strasse, is now up for sale. / Picture: © Wikimedia Commons / Gugerell / CC0
After construction work came to a standstill shortly before Christmas due to the insolvency of the project company, insolvency administrator Clemens Richter is now aiming for a structured sales process, as reported by ORF. The main aim is to eliminate uncertainties and place the project in responsible hands. The project,…
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