Crisis hit Austrian property business Signa Group held talks with hedge fund Elliott Investment Management to try to secure more than €400m of financing to save it from collapse.
Although the talks ultimately ended without a deal being reached, Elliott is believed to be one of several investors approached by Signa, which is thought to have more than €13bn of outstanding debts.
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
