SIGNA Prime represents the largest real estate company within the SIGNA Group, and for years has pursued the highly successful strategy of developing the portfolio of exceptional properties in prime inner city locations in Germany, Austria, and Northern Italy, as well as continuing to acquire and develop specific properties in central retail settings. The portfolio held by SIGNA Prime includes iconic properties such as KaDeWe in Berlin, the UPPER WEST in Berlin, the Golden Quarter in Vienna, with the Park Hyatt Vienna, Oberpollinger in Munich, Kaufhaus Tyrol in Innsbruck, and Alsterhaus in Hamburg.
The significant properties are retained in ownership in the long term, and, thanks to their locations, enjoy comprehensive value stability, are fully let, and, in addition, catch people’s eye. SIGNA Prime is one of the largest real estate owners in major cities such as Berlin, Munich, Hamburg and Vienna, and pursues the aim of owning its properties over generations and developing them further.
The successful business development of SIGNA Prime over the past years has led to an ongoing expansion of its group of big name shareholders, who have strategically acquired participations in SIGNA Prime. In order to sustain the successful growth strategy adopted by the company, and in order to be able to enlarge the portfolio of exceptional properties still further, on 16 August 2018, SIGNA Prime accordingly implemented an increase in the shareholders capital by a further 500 million Euro. The whole equity capital of SIGNA Prime according is more than 5 billion Euro.