Capelli, a European real estate developer listed on Growth Euronext Paris, announces that it has joined forces with the Taché Group for the development of mature residential operations in Luxembourg. A first partnership relates to 3 operations developed by Capelli and generates more than 60M€ in turnover.
This long-term partnership desired by the two family groups is organized around a sharing of common values of family entrepreneurship. The first joint project concerns operations largely secured by administrative authorizations already obtained, and significant levels of pre-marketing.
In the case of this first project, this association allows Capelli to refinance part of the equity it had already invested in order to reallocate it to other projects. For the Taché Group, this first association is in line with its diversification strategy for its real estate division.
Christophe Capelli, Chairman of Capelli explains:
“Surrounding ourselves with players wishing to develop in Luxembourg real estate and sharing the same values as our group is one of the areas of development that we have identified to finance part of our growth. With the Taché group, we are combining our strengths and our know-how to increase our market share in Luxembourg”.
Jacky Taché, CEO of Taché concludes:
“We found in this first association an opportunity to work with the Capelli group which corresponds to the spirit and vision of our group and meets our requirements in terms of real estate investments. “.
Capelli and Groupe Taché were supported by EY’s Real Estate M&A team in Luxembourg, and in particular David Syenave.
About the CAPELLI Group
With more than 40 years of experience in the design of living spaces, the Group has focused for more than 10 years on the real estate development of housing. Active through 7 locations in Europe (Paris, Lyon, Lille, Bordeaux, Marseille, Luxembourg and Geneva), the Group addresses 4 types of clients: owner-occupiers, natural person investors, institutional investors and social landlords. In addition to its housing offer (collective, residential tower, duplex villa, rehabilitation), the Group develops turnkey products such as managed residences (students, seniors, hotels, business, etc.). Its sustained historical organic growth is based on the quality of its 165 employees internalizing a great deal of know-how with land developers, design offices and internal sales forces.
The Group is managed and 73.74% owned by the Capelli family
Listed on Euronext Growth Paris – Isin code: FR0012969095 – ALCAP – Bloomberg CAPLI FP – Reuters
Contact Capelli
CAPELLI Group
Christophe Capelli – Chairman and CEO
Rodolphe Peiron – Deputy Managing Director
Julien Buronfosse – Strategy and Financing Director
Tel: + 33 (0)4 78 47 49 29 – https://capelli-immobilier.fr
Communications Building
Investor Relations: + 33 (0) 6 31 35 99 50 – [email protected]
Press Relations: +33 (0)6 88 48 48 02 – [email protected]
About Taché Group
A family group for three generations, Taché has become the partner of choice for all the major European and American jewelers and has acquired a leading reputation throughout the luxury industry.
The Group is also active in financing and investment projects related to its core business (“corporate venturing”) and diversification investments (“family office”) in various asset classes.
Spotted Contacts
Stained Group
Jacky Taché – [email protected]
Maurice Zajfen – [email protected]
Tel: + 32 (0)3 234 18 18 – https://www.tachediamonds.com/
Contact EY
David Syenave – Partner M&A Real Estate EY – [email protected]
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