Klaus-Michael Kühne has little hope for Elbtower

Co-investor and billionaire Klaus-Michael Kühne says: "It may well be that the Elbtower remains a ruin." The construction project was a project of the Pleitier René Benko.

He wants to participate with up to 100 million euros in the further development of the Hamburg Elbtower. Currently, however, the billionaire Kühne sees black in the prestige project in the harbour. Last rescue could be a natural history museum – with the state as an anchor tenant.

Klaus-Michael Kühne, the richest German, hardly sees any chances for the controversial Elbtower project in Hamburg due to lack of funding.

Despite the bankruptcy of Rene Benko's Signa empire, investors want to save the start of the Elbtower Super Project in Hamburg. However, a potential lender no longer believes in its completion: billionaire Kühne fears the worst.

The billionaire expresses great doubts about the completion. What do the statements of the financier mean for the skyscraper? The city remains cautiously optimistic at any rate.

The Hamburg billionaire is supposed to be a co-investor. But because money and tenants are missing, the Elbtower could remain a stumbling block. [more]