Réalités: partnership with Action Logement Immobilier

(CercleFinance.com) - Réalités, a regional real estate developer in financial difficulties, rebounded strongly on the stock market on Tuesday after announcing a partnership with the social housing group Action Logement Immobilier.


In a press release, Réalités emphasized that this agreement, concluded for the period 2025-2027, is in line with numerous collaborations already successfully completed.

Réalités is already working with Action Logement Immobilier subsidiaries on a number of projects, including the 'Docks' ZAC in Saint-Ouen, the 'Constellation' student residence project in Rennes, and a dozen programs in the Centre-Val-de-Loire region.

The Action Logement group's mission is to facilitate access to housing in order to promote employment, and to finance public policies for urban renewal and the revitalization of medium-sized towns, as well as local housing policies.

On the Paris stock exchange, Réalités shares climbed 33% on Tuesday in the wake of this announcement. Last week, the stock had hit all-time lows after initiating a conciliation procedure with its creditors to continue restructuring its debt.

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