Nexity wants to develop managed real estate

“Our ambition, in 2026, is to be a global real estate operator,” CEO Véronique Bédague told investors. "This means that in 2026, Nexity will be able to respond to any request from one of its clients relating to real estate."

Nexity, which has refocused its activity on France, intends to continue its transformation from a simple developer to a group offering a whole range of real estate services (trustee, rental management, advice, brokerage, etc.) and addressing all types customers: individuals, companies, investors and local authorities.

"We will be able to support our customers throughout their real estate life, we will always be present with them and in the end, this means that this presence on the services will allow us to feed the promotion", affirmed Ms. Bedague.

The group also wants to develop managed real estate, on the model of its student residences and through coworking (shared offices) and coliving (shared accommodation with services).

"We are going to deploy in the coming weeks an offer (...) for families, because the need is there", added the director general.

Causes of this demand, the growing difficulties of individuals to access property, but also the development of teleworking and the appetite for housing further from city centers.

Nexity is aiming for a turnover of 6 billion euros in 2026, against 4,6 billion expected in 2022.

At the same time, the group wants to reduce greenhouse gas emissions per square meter of its delivered buildings, aiming for a 30% drop in 2026 compared to 2019, and 42% in 2030.

"The acceleration of the deployment of the sustainable city offers Nexity a significant opportunity to gain market share in real estate development, thanks to its territorial network and the development of new carbon-free products that are more economical to use", detailed the group in a press release.

Nexity thus aims to exceed 20% of the market share by 2030 in residential real estate, against a target of 14% in 2022. A performance that it considers achievable thanks to its size, which allows it to better understand complex and innovative projects.

Nexity's announcements did not convince investors, its title having unscrewed on the stock market, losing more than 14% on Wednesday.

The group wants to pay its shareholders a dividend of at least 2,50 euros per share each year from 2022 to 2026.