Realites: finalizes the sale of its subsidiary LWS Hospitality

(CercleFinance.com) - Realites confirms that it has finalized the sale of its subsidiary LWS Hospitality as part of an LMBO.


This transaction, which is fully in line with its repositioning and rebound plan, will strengthen the Group's cash position.

On December 17, 2024, PM Développement firmly confirmed its intention to acquire 100% of the shares in LWS Hospitality.

This offer was accepted by the Realites Group at the end of last year.

Effective completion of the transaction is scheduled for January 15, 2025.

This project will enable LWS Hospitality to pursue the development of its activities: management of student residences, franchised hotels, coliving, rental management services, etc.

Copyright (c) 2025 CercleFinance.com. All rights reserved.