{"id":221886,"date":"2023-11-28T10:28:37","date_gmt":"2023-11-28T10:28:37","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=221886"},"modified":"2023-11-28T10:28:37","modified_gmt":"2023-11-28T10:28:37","slug":"prima-mare-victima-din-europa-a-dobanzilor-mari-un-imperiu-imobiliar-de-23-de-miliarde-de-euro-din-europa-se-prabuseste","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=221886","title":{"rendered":"Prima mare victim\u0103 din Europa a dob\u00e2nzilor mari. Un imperiu imobiliar de 23 de miliarde de euro din Europa se pr\u0103bu\u015fe\u015fte"},"content":{"rendered":"<p>\n<span style=\"font-size: 12px;\">Ceea ce a \u00eenceput \u00een urm\u0103 cu c\u00e2te\u00adva luni cu insolven\u0163a unor magazine sportive ale Signa Group risc\u0103 s\u0103 de\u00advi\u00adn\u0103 un val de falimente \u015fi cel mai mare colaps din sectorul imobiliar al Europei de dup\u0103 marea criz\u0103 finan\u00adciar\u0103 global\u0103. Imperiul imobiliar \u015fi de retail de 23 de miliarde de euro al aus\u00adtriacului Rene Benko se pr\u0103bu\u015fe\u015fte.<\/span><\/p>\n<p>\nBloomberg, Financial Times \u015fi Reuters scriu, cit\u00e2nd surse apropiate situa\u0163iei, c\u0103 noi subsidiare ale Signa sunt a\u015fteptate s\u0103 se declare \u00een in\u00adsolven\u0163\u0103 chiar \u00een aceast\u0103 s\u0103pt\u0103m\u00e2n\u0103 \u00een condi\u0163iile \u00een care cresc \u00eendoielile c\u0103 eforturile de pe ultima sut\u0103 de metri ale grupului de a face rost de fonduri de urgen\u0163\u0103 vor avea succes.<\/p>\n<p>\nImperiul imobiliar devine astfel cea mai mare victim\u0103 a schimb\u0103rii mediului din sectorul de profil, unde major\u0103rile de dob\u00e2nzi efectuate de b\u0103ncile centrale \u00een lupta cu infla\u0163ia fac creditul scump \u015fi pun cap\u0103t unui seceniu de cre\u015ftere.<\/p>\n<p>\nSigna de\u0163ine Chrysler Building, un simbol imobiliar al New Yorkului, malluri de lux \u00een Viena, cel mai mare lan\u0163 de magazine de proximitate din Germania \u015fi proiecte de profil \u00eenalt \u00een Elve\u0163ia. Vineri, Signa Real Estate Ma\u00adnagement Germany \u015fi-a cerut insolven\u0163a la o instan\u0163\u0103 local\u0103 din Berlin.<\/p>\n<p>\nCeea ce \u00eel diferen\u0163iaz\u0103 pe Benko de mul\u0163i al\u0163i investitori imobiliari este faptul c\u0103 a continuat s\u0103 fac\u0103 achizi\u0163ii de mare profil chiar \u015fi \u00een ultimii ani. Pe m\u0103sur\u0103 ce evalu\u0103rile au \u00eenceput s\u0103 scad\u0103, ne\u00eencrederea investitorilor a crescut, iar structura corporativ\u0103 obscur\u0103 a Signa a l\u0103sat grupul deosebit de vulnerabil.<\/p>\n<p>\nLa apogeul imperiului imobiliar, talentul lui Benko \u00een \u00eencheierea de tranzac\u0163ii a ademenit investitori de renume din elita european\u0103, inclusiv pe magnatul austriac al construc\u0163iilor Hans Peter Haselsteiner, magnatul german al transporturilor Klaus-Michael Kuehne \u015fi familia Peugeot din Fran\u0163a.<\/p>\n<p>\nBenko, care s-a l\u0103udat c\u0103 are un portofoliu ce poate rivaliza cu cel al familiei regale britanice \u015fi cu al bisericii catolice, \u015fi-a \u00eenceput cariera \u00een adolescen\u0163\u0103 cu lucr\u0103ri de mansar\u00addare \u00een Innsbruck.<\/p>\n<p>\nAnul trecut, ac\u0163ionarii au contri\u00adbuit cu aproape 1 miliard de euro \u00een capital proasp\u0103t \u00een cele mai mari dou\u0103 unit\u0103\u0163i, Signa Prime \u015fi Signa Development.<\/p>\n<p>\nDar aceast\u0103 generozitate risc\u0103 s\u0103 dispar\u0103 pe m\u0103sur\u0103 ce problemele cresc. Cu ac\u0163ionarii odinioar\u0103 loiali \u2013 care pot s\u0103 piard\u0103 cel mai mult \u00een cazul unei insolven\u0163e \u2013 acum reticen\u0163i s\u0103 participe, al\u0163i investitori \u0163in distan\u0163a.<\/p>\n<p>\nMubadala Investment, Fondul de investi\u0163ii publice din Arabia Saudit\u0103, Attestor Capital \u015fi Elliott Investment Management s-au num\u0103rat printre fondurile abordate pentru finan\u0163are \u00een ultimele s\u0103pt\u0103m\u00e2ni. Cea mai mare expunere c\u0103tre Signa o au b\u0103ncile, prin creditele primite pentru a finan\u0163a achizi\u0163ii \u015fi lucr\u0103ri de construc\u0163ie \u00een proiecte de dezvoltare, cum ar fi Elbtower din Hamburg.<\/p>\n<p>\nAstfel de \u00eemprumuturi sunt adesea garantate cu propriet\u0103\u0163i, ceea ce \u00eenseamn\u0103 c\u0103 b\u0103ncile \u015fi-ar putea recupera pierderile. Julius Baer, unul dintre cei mai mari creditori ai Signa, a declarat luni c\u0103 \u00ee\u015fi revizuie\u015fte activitatea de finan\u0163are prin credite a unora dintre cei mai boga\u0163i clien\u0163i ai s\u0103i dup\u0103 ce a \u00eent\u00e2mpinat probleme cu \u00eemprumuturile acordate unei singure contrap\u0103r\u0163i.<\/p>\n<p>\nDe\u015fi banca nu a numit clientul, Bloomberg crede c\u0103 este vorba de Signa lui Benko \u015fi c\u0103 autoritatea de reglementare elve\u0163ian\u0103 Finma monitorizeaz\u0103 expunerea.<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ceea ce a \u00eenceput \u00een urm\u0103 cu c\u00e2te\u00adva luni cu insolven\u0163a unor magazine sportive ale Signa Group risc\u0103 s\u0103 de\u00advi\u00adn\u0103 un val de falimente \u015fi cel mai mare colaps din sectorul imobiliar al Europei de dup\u0103 marea criz\u0103 finan\u00adciar\u0103 global\u0103. Imperiul imobiliar \u015fi de retail de 23 de miliarde de euro al aus\u00adtriacului Rene Benko [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[33237,438,30,56398,25011],"class_list":["post-221886","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-austriac","tag-europa","tag-imobiliare","tag-rene-benko","tag-victima"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/221886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=221886"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/221886\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=221886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=221886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=221886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}