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August 13, 2025

The Kaufhaus Tyrol, a prominent shopping center located on Innsbruck’s Maria-Theresien-Straße, has been sold following the bankruptcy of Signa Prime Selection AG. The newly established company KHT AcquiCo SARL has acquired the property. While the exact purchase price remains undisclosed, reports suggest the sale amounted to approximately €140 million.

An increasing number of underdeveloped restaurant concepts are rushing into franchising—putting not only investors at risk but also eroding trust in the industry as a whole. In his incisive article, Will Odwarka, Founder and CEO of Dubai-based Heartatwork Hospitality Consulting, warns in his latest F&B column against the “myth of easy money” and explains how lack of concept maturity, insufficient support, and short-term thinking can backfire in the long run.