At a glance
SIGNA Real Estate operates from eleven locations in Austria, Germany, Italy, Luxembourg and Switzerland. The gross asset value of the real estate group amounts to around 27 billion euros, and the additional gross development volume amounts to around 25 billion euros. SIGNA Real Estate is divided into four independent business segments:
SIGNA Prime Selection AG owns a portfolio of exclusive real estate properties in prime inner-city locations in Austria, Germany, Switzerland, Northern Italy and the UK. The vast majority of these extraordinary real estate objects will remain in the hands of SIGNA Prime in the long term. The company continues to supplement its real estate investments with acquisitions and projects in top locations with significant value appreciation potential on an ongoing basis.
SIGNA Development Selection AG invests in development projects in major urban centres, primarily in the German-speaking region and Northern Italy. These include office blocks and towers, residential complexes, future-oriented retail spaces and hotels. The company pursues a “buy – develop – sell” strategy. In 2017, SIGNA Development Selection took over the Viennese property developer BAI Bauträger Austria Immobilien GmbH.
With a focus on New York City and other prime inner-city locations in the US and a mixture of different utilisation types focused on sustainability, SIGNA RFR US Selection AG will acquire trophy assets with value enhancement potential in unique locations. The long-term buy-and-hold strategy will result in a core portfolio similar to SIGNA Prime.
SIGNA Luxury Hotels sets the highest standards in the conception, development and marketing of unique destinations in Central Europe’s most beautiful locations and operates impressive luxury hotels and resorts, with a portfolio that includes Chalet N in Lech am Arlberg, the Park Hyatt Vienna, the Villa Eden luxury resort on Lake Garda as well as the exclusive Hotel Bauer Palazzo in the heart of Venice.
One part of SIGNA Premium is The KaDeWe Group, the best-known premium and luxury department store group in the brick-and-mortar retail sector in Germany with three premium department stores, the KaDeWe in Berlin, the Oberpollinger in Munich and the Alsterhaus in Hamburg. In addition, the traditional Swiss department store chain GLOBUS has been a part of SIGNA Premium since the spring of 2020. At the end of 2021, SIGNA and CENTRAL GROUP signed the acquisition of the Selfridges Group, one of the most iconic brands in the global luxury retail industry.
GALERIA is Germany’s number one department store chain and number two in Europe. The company has prime in-demand, inner-city locations across all relevant cities in Germany and is thus located in close proximity to approx. 80% of the German urban population.
SIGNA Food & Restaurants is one of the major quick-service platforms in the German market. The Group positions itself as an innovative and swift service provider.
SIGNA Group Compliance
SIGNA is one of Europe’s most important real estate investors and operates a number of reputable commercial concerns. SIGNA also owes this success story, which started in 2000, to its reputation of conducting business based on ethical and performance-related core values. SIGNA is fully committed to the principles of a modern compliance structure which, in addition to adhering to all legal requirements, includes compliance with internal and external guidelines and consideration of fundamental ethical values.
To this end, SIGNA has established a Compliance Management System (CMS) containing clear rules regarding conduct that is and is not permitted at SIGNA. In order to warrant the quality assurance of this system, SIGNA Holding GmbH has aligned its CMS with the requirements and contents of ISO 37301:2021, and it was the first company in the SIGNA Group to undergo an audit for certification of the delimited sub-areas of Anti-Corruption, Donations & Sponsoring as well as KYC & AML in accordance with ISO 37301:2021. KPMG Advisory GmbH completed this audit for SIGNA Holding GmbH (FN 191343 m) with a certificate dated May 27, 2022.
Value Management
The values of integrity, responsibility, fairness, compliance and transparency are the yardstick by which SIGNA takes action. They form the basis of the company’s long-term success and are an indispensable compass in the way we deal with one another. With its Value Management System, SIGNA commits itself to acting with ethical integrity, adhering to internationally recognised social standards and taking into account ecologically and socially relevant aspects in its day-to-day activities. The Code of Conduct for Business Partners contains SIGNA’s expectations and requirements for business partners to adhere to basic ethical principles and to operate in a sustainable manner.
