Elis, which provides commercial rental of textiles and hygiene equipment, has a provisional agreement to sell 17 French properties and lease them back for 15 years.

Elis, which provides commercial rental of textiles and hygiene equipment, has a provisional agreement to sell 17 French properties and lease them back for 15 years.

The move is part of a debt reduction programme as Elis looks to shed nearly €100 mln of real estate assets.