Elbtower insolvency administrator wants to start sales in March. Elbtower Immobilien GmbH & Co.
KG filed for insolvencies in January. The project company belonged to the shaky Signa real estate empire of the Austrian René Benko. Other Signa companies had previously filed for bankruptcy. Most recently, Benko himself had to file for bankruptcy as an entrepreneur this week. The price is determined by the market, hence the global process involving CBRE, said Torsten Martini.