Crédit Agricole Immobilier and Nexity enter into exclusive negotiations in view of the acquisition of Nexity Property Management by Crédit Agricole Immobilier - Seite 2

In accordance with Crédit Agricole group’s Societal Project, this operation would enable us to provide our clients with greater support in addressing their strategic environmental and societal priorities, notably as regards navigating the energy transition and reducing the carbon footprint of their real estate assets.”

Jean-Claude Bassien, Nexity’s Deputy Chief Executive Officer, commented:
“We are delighted to have entered into this agreement with the Crédit Agricole group, one of the Nexity group’s long-standing strategic partners. This deal is fully aligned with our refocusing strategy initiated in 2023 and the implementation of our roadmap. Following the sale of our Property Management for Individuals business in April, the signing of this new agreement marks another major milestone in the transformation of Nexity’s business model towards that of an urban operator dedicated to serving regions across France and focused on urban regeneration and managed real estate, while stepping up the pace of its deleveraging.”

About Nexity – Life together
With €4.3 billion in revenue in 2023, Nexity is France’s leading comprehensive real estate operator, with a nationwide presence and business operations in all areas of real estate development and services. Our strategy as a comprehensive real estate operator is designed to serve all our clients: individuals, companies, institutional investors and local authorities. Our corporate purpose, “Life together”, reflects our commitment to creating sustainable spaces, neighbourhoods and cities that let our clients connect and reconnect. Nexity has been ranked France’s number-one low-carbon project owner by BBCA for the fifth year in a row, is a member of the Bloomberg Gender-Equality Index (GEI), was included in the Best Workplaces 2021 ranking and was awarded Great Place to Work certification in September 2022. Nexity is listed on the SRD, Euronext’s Compartment A and the SBF 120.

About Crédit Agricole Immobilier
Crédit Agricole Immobilier, a subsidiary of the Crédit Agricole group, assists individual, corporate and local authority customers with their real estate projects all over France, focusing on three core principles: sustainability and performance of buildings; respect for the environment and carbon reduction; and inclusion and social cohesion.
As a partner to the most ambitious real estate projects, we advise and work with our clients to create value throughout the life of their projects: buying and selling, renting, rental management, condominium management, real estate strategy, residential and commercial development, refurbishment, renovation, space planning, property management and operation.