Future of the department store on Ku'damm: Who saves the Berlin landmark?

Future of the department store on Ku'damm: Who saves the Berlin landmark?

Kurfürstendamm, 10625 Berlin, Deutschland - The future of the Galeria department store on Kurfürstendamm in Berlin is anything but rosy in view of the bankruptcies of the Signa Group and the closures of other branches. The employees and long -term customers face the uncertain question of what will happen to their branch. While the department store on Alexanderplatz has already been sold to Commerzbank subsidiary Commerz Real, there is still hope for receipt for the prestigious department store on Ku’damm, such as berlin-live.de reported.

The Berlin Senate has issued a pre -purchase law regulation for the property of the Galeria department store. This step opens up the possibility that both private buyers and the state of Berlin could appear as potential buyers. The Charlottenburg District Court has already announced the opening of a main insolvency procedure for the project company of the department store, which indicates an upcoming sale. In earlier cases, creditor meetings were often convened shortly after the opening of such procedures to negotiate the sale, so reports mein-berlin.net .

uncertainties and future plans

The ambitious plans of Signa boss René Benko to build high-rise buildings on the site are now in the stars. Instead, it is unclear whether the city of Berlin will acquire the property, especially with regard to the austerity measures that are currently dominating. The Senate's framework plan indicates that only a high -rise could be approved, which deviates significantly from the original plans. The situation is tense for both employees as well as for future buyers or tenants of the property and full of speculations about possible developments.