23 December, Monitor Immobiliare
Illimity Bank acquired from Banco Bpm credits for a nominal value amounting to 21 million €. The credit lines refer to the company Barberis Group, which operates in construction and real estate development. The operation concerns UTPs connected to a residential development project in Albenga (Savona). According to the agreement, Illimity will provide further funding for 7.3 million € to complete the works.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi