(News Bulletin 247) – The Realites group announces this evening that it anticipates a 30% growth in its reservations and authentic deeds excluding VAT compared to the first half of 2022 (unaudited data).

‘The Group’s growth is driven by its innovative and integrated positioning as a territorial developer, the complementarity of its two businesses, Project Management and User Management, and the quality of its
portfolio of institutional projects’, emphasizes Realites.

To support this momentum, the managers and shareholders are increasing the Group’s financial resources by more than €30 million, an amount invested in capital for real estate projects. To this amount is added the saving of more than
4 ME realized due to the absence of distribution of dividends.

‘We are reaping the fruits of our strategic efforts over the last few years, but we remain very humble and aware of the current difficulties (volumes and margins). The company remains strongly focused and committed, like all of our colleagues, to get through this cycle and prepare for the rebound in 2025,’ commented Yoann Choin-Joubert, CEO. of the group.

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