(AOF) – Nexity is accelerating its reduction in debt by finalizing the sale of its property administration activities to the investment company Bridgepoint on the basis of an enterprise value of 440 million euros. The signing of this sale with Bridgepoint is a new stage in the transformation of Nexity which is refocusing its activities towards an urban operator model serving the regions. The pivot towards urban regeneration accelerated in 2023 with the creation of Nexity Héritage and the signing of a national-scale agreement with Carrefour.
Through this operation, Bridgepoint intends to give the new entity created (a major French player in real estate services to individuals) the means to consolidate its development thanks to tailor-made solutions for all real estate players.
This operation is accompanied by a strategic partnership lasting 6 years, renewable for 4 years, between Nexity and the new entity, aimed at perpetuating and amplifying existing synergies with the group’s promotional activities.
It will also be the means for this new company, which has 3,100 employees (co-ownership trustee, rental management, old real estate transactions and insurance brokerage), to continue and accelerate its development.
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