The Paris Commercial Court has approved the measures proposed by the Paris-based group of student, tourist and business residences to pay off its debts and emerge from the safeguard procedure. The company's liabilities of €377 million will be paid in full through asset disposals and expected revenues from its activities.
[EXCLUSIVE] Réside études' safeguard plans adopted by judges
Business Immo takes a look behind the scenes
This is a machine translation. Automated translations are intended solely as a convenience and are not legally binding.
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IN THIS ARTICLE
- Companies
- Groupe Réside Études
Real Estate
- Crédit Agricole Group
Finance and Insurance
- Contacts
- Philippe Nicolet
Président directeur général, Réside Études Gestion