Extension of the observation period for Réalités

Réalités has obtained a six-month extension to its observation period as part of its receivership proceedings. The Nantes Commercial Court issued this judgment on August 6, 2025, benefiting Réalités and three of its main subsidiaries: Bird AM, Financières Réalités, and Réalités Maîtrise d'Ouvrage.

The procedural bodies and employee representatives supported this extension request. This will allow Réalités to finalize its continuation plan through adoption by the parties concerned. The company has consolidated its cash position to the tune of €6 million and is continuing to sell non-strategic assets.

Yoann Choin-Joubert, CEO of Réalités, sees these six additional months as a crucial step in completing the recovery plan, which he hopes to present in the fall with approval by December.