Nexity : Getting ready for an uncertain recovery
Some time after some of its competitors, Nexity has finally integrated the crisis in its H1 2024 accounts. France's leading property developer is currently taking the necessary measures (PSE, asset disposals, renewal of its offering) to ensure that it is ready when the sector recovers. Although the recovery is expected to be very gradual over the next few years, Nexity has visibility over its liquidity until the end of 2026. A positive trend in economic parameters (interest rates...Nexity in an integrated real estate group based in France. Co. operates in all areas of real estate development and services (residential real estate, commercial real estate, real estate services to individuals and real estate services to companies, distribution networks and client relations, major urban projects). Co. maintains a market presence across all industry cycles (short, medium and long). Co. serves three types of clients: individuals, companies and investors, and local authorities. Co.'s activities are conducted around four primary divisions: Residential real estate, Commercial real estate, Services and Distribution Networks, and Other activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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