Soravia Real Estate Group Internally Shifts Debt, Causing Losses for Small Investors

Following a bankruptcy in its German operations, the Austrian real estate group Soravia reportedly transferred hundreds of millions in debt internally to a subsidiary, leading to significant losses for thousands of small investors.

2 Mar, 04:00 — 2 Mar, 04:00

Post Share

ℹOnly 1 source covers this story

Read at source (1 outlet)

der-standard2d ago

Wie der Immo-Konzern Soravia Hunderte Millionen an Schulden intern verschob – und Tausende Kleinanleger Geld verloren

Nach einer Pleite im Deutschland-Geschäft wurden Kreditforderungen weitergereicht – an eine eigene Tochterfirma, wie sich nun zeigt. Die Kleinanleger schauen durch die Finger

Read full article →

PERSPECTA

PERSPECTA

Soravia Real Estate Group Internally Shifts Debt, Causing Losses for Small Investors

Read at source (1 outlet)

Wie der Immo-Konzern Soravia Hunderte Millionen an Schulden intern verschob – und Tausende Kleinanleger Geld verloren

Related Stories

Philippine Hog Raisers Call for Reduced Pork Imports to Boost Local Production

Grundfos Unveils Intelligent Experience Centre in India

Decoding Iran’s energy sector: Surviving without thriving under sanctions regime

Moldovan Government Maintains 70% Support for Agricultural Insurance Premiums

PERSPECTA