Davos loses out on key Modern and contemporary collection after voters reject Kirchner Museum extension

"Retaining one of Europe's most important collections in Graubünden would be a massive win for our canton's arts and culture scene," Parolini said.

"[The vote was] not against the museum or the Ulmberg collection, but against spending more money," said Katharina Beisiegel, director, Kirchner Museum Davos.

Without the extension, the museum cannot accommodate Holy's art, known as the Ulmberg collection, comprising around 100 works by renowned artists.

Davos's loss may be Chur's gain. The collector is now in talks with the canton of Graubünden about a long-term loan of his art.

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