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Realites SCA ( (FR:ALREA) ) has provided an announcement.
REALITES has entered a judicial reorganization process involving several of its companies to secure its business sustainability amidst a challenging real estate market. The reorganization aims to continue ongoing projects and manage debt restructuring, preserving 60 active projects while adapting to current market conditions.
More about Realites SCA
Founded in 2003, REALITES is a territorial developer specializing in creating real estate solutions for urban areas, focusing on housing, offices, and various commercial and public spaces. The company prides itself on its mission-driven approach, balancing profitability with collective interest, and is listed on Euronext Growth Paris.
YTD Price Performance: 4.22%
Average Trading Volume: 89
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €7.47M
For detailed information about ALREA stock, go to TipRanks’ Stock Analysis page.