REALITES finalizes its exit from receivership

The Commercial Court of Nantes has approved the recovery plan for REALITES, thus marking the end of its receivership proceedings which began in February 2025. This decision concludes a restructuring process in a difficult real estate environment.

The recovery plan is based on operational streamlining, debt reduction, and governance stabilization. It includes the sale of non-strategic businesses and a large-scale debt-for-equity swap to reduce liabilities.

Creditors and shareholders largely supported the plan, thus validating the strategy proposed by REALITES. The end of the receivership allows the group to consolidate its fundamentals and restart on a new footing, with a clarified organization and a focus on its strategic activities.