Thai developer Central Group has acquired the property housing Berlin's iconic KaDeWe department store after reaching an agreement with insolvent owner Signa Prime Selection, Central said on Friday.

KaDeWe - a shopping paradise for Berlin's elite. Four ambitious young friends come of age in the 1920s - a time of opportunity and opulence. But storm clouds are gathering ...

The building that houses the KaDeWe, a high-end department store and Berlin tourist attraction, has been taken over by the Thai Central Group. The group is rumored to be interested in buying the ...