NEXITY has finalized the acquisition of Oralia
 
Paris, 04/01/2014
 

Following the acquisition agreement signed on 20 December 2013 with the company's shareholders, Nexity announced that it has finalized today (1 April 2014) its acquisition of the share capital of Oralia, France's fifth largest property management group.

 

Backed by a network of 25 agencies and 635 employees, Oralia manages a portfolio of over 165,000 units, including about 31,000 under rental management agreements at the end of 2013.

 

Hervé Denize, Nexity's deputy CEO, will as of today be Chairman of Oralia.

 

Oralia will be consolidated in Nexity's financial statements starting on 1 April 2014, as part of the Services and Distribution Networks division.

 

AT NEXITY, WE AIM TO SERVE ALL OUR CLIENTS AS THEIR REAL ESTATE NEEDS EVOLVE

Nexity offers the widest range of advice and expertise, products, services and solutions for private individuals, companies and local authorities, so as to best meet the needs of our clients and respond to their concerns. 

Our businesses - transactions, management, development, urban regeneration, advisory and related services - are now all fully client focused, optimally organised to serve and support our clients. As the benchmark operator in our sector, we are resolutely committed to all of our clients, but also to the environment and society as a whole.

 

Nexity is listed on the SRD and on Euronext's Compartment A

Member of the indices SBF 80, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All Tradable

Mnemo: NXI - Reuters: NXI.PA - Bloomberg: NXI FP

ISIN code: FR0010112524

______

 

CONTACT

Amélie Laroche-Truong - Head of Investor Relations  / +33 (0)1 85 55 15 49 - investorrelations@nexity.fr
Pdf version:
http://hugin.info/143515/R/1773515/604376.pdf


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nexity via Globenewswire
HUG#1773515