Banimmo has been informed by Urbanove Shopping Development of a decision by the majority of its creditors to approve the judicial reorganisation of the group, which will be ratified by the Brussels trade & commerce tribunal in early January. The reorganisation involves the takeover of the "Côté Verre" project in Namur by Besix Red (the Besix group real estate division) and the "Au fil de l'Eau" project in Verviers by City Mall.


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161223 Banimmo UK


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Source: Banimmo via Globenewswire