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REALITES initiates conciliation proceedings to restructure its debt

Stock price chart of REALITES (EPA:ALREA) showing fluctuations.

Saint-Herblain, September 25, 2024. REALITES, a territorial development group, has undertaken measures to address the real estate crisis. One of these measures involves restructuring its debt.

The Group has announced that it has initiated a conciliation procedure with the Nantes Commercial Court. This approach aims to develop a plan acceptable to creditors, enabling it to stabilise its financial situation.

R. H.

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