Future of the Galeria department store in Berlin: Who becomes a buyer of the property?
Future of the Galeria department store in Berlin: Who becomes a buyer of the property?
The future of the Galeria department stores in Berlin is more uncertain than ever! After the bankruptcy of the Signa Group, there are troubling developments. The branch on Alexanderplatz is particularly affected, which now reports, such as berlin-Live.de, to the Commerzbank-ch. Was sold. This step gives the continuation of the company under the new owner hope, but uncertain times remain. At the same time, the closures of other branches are threatened in the capital, because several locations were closed in November, while the employees worry about their jobs.
branch on Kurfürstendamm in the queue
In the middle of this turbulence, the department store on Kurfürstendamm in Charlottenburg, which may be preserved. Signa boss René Benko once had big plans for the building, including the construction of high-rise buildings on the property. These plans now seem to hang in the air, because the Berlin Senate has issued a pre -purchase law regulation for the property. This means that both private buyers and the state of Berlin could be considered as buyers, such as mein-berlin.net. The Charlottenburg District Court has already announced the opening of a main insolvency procedure for the project company, which indicates that a sale will soon be imminent.The uncertainties about the future of the Galeria department stores are reinforced by the discussions about Signa's high -rise projects. After the Berlin Senate presented plans for the area in May 2024, it remains to be seen whether the city of Berlin will actually appear as a buyer in view of the current austerity measures. It is still unclear whether new apartments will be built on the site or the department store can be preserved. But the fate of the Galeria department stores will continue to keep the whole of Berlin in suspense!
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