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Explainer: How tycoon and Chrysler Building owner Benko lost grip of his empire

Explainer: How tycoon and Chrysler Building owner Benko lost grip of his empire

VIENNA/DUESSELDORF/FRANKFURT, Nov 8 (Reuters) – Rene Benko, one of Europe’s most prominent property tycoons, on Wednesday relinquished the chairmanship of Signa Holding, the real estate empire he founded, amid an investor revolt and dimming prospects for the sector. The Austrian entrepreneur – owner of New York’s Chrysler Building and Britain’s Selfridges department store – has...