Once a luxury property billionaire rubbing shoulders with Europe's elite, Rene Benko’s empire is now coming apart at the seams with his two biggest vehicles filing for insolvency

Signa Prime Selection, which co-owns properties such as the Selfridges department store in London and Berlin’s KaDeWe filed for a restructuring under self-administration Thursday.

Once a luxury property billionaire rubbing shoulders with Europe's elite, Rene Benko’s empire is now coming apart at the seams with his two biggest vehicles filing for insolvency
Signa Prime Selection, which co-owns properties such as the Selfridges department store in London and Berlin’s KaDeWe filed for a restructuring under self-administration Thursday. Read More