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Real Estate Development & Operations

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Banimo: Approval of the Urbanove judicial reorganisation

Friday, 23 Dec 2016 02:25am EST

Banimmo SA : Banimmo has been informed by Urbanove shopping development of a decision by majority of its creditors to approve judicial reorganisation of the group . The approval of the Urbanove judicial reorganisation marks a major step forwards for Banimmo . Reorganization will be ratified by Brussels Trade & Commerce Tribunal in early January .Reorganisation involves takeover of "Côté Verre" project in Namur by Besix red and "Au fil de l'eau" project in Verviers by city mall.

Banimmo 's Urbanove fills request to initiate judicial reorganisation procedure

Tuesday, 5 Apr 2016 08:00pm EDT

Urbanove:Urbanove Group fills request to initiate judicial reorganisation procedure.Urbanove Shopping Development is jointly held by private investors, including Banimmo, for 70 pct.

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