Preliminary agreement with Develia, a polish developer for the sale of Nexity's development activities in Poland
June 01 2023 - 11:45AM
Preliminary agreement with Develia, a polish developer for the sale
of Nexity's development activities in Poland
PRELIMINARY AGREEMENT WITH
DEVELIA, A POLISH
DEVELOPER FOR THE SALE OF NEXITY'S
DEVELOPMENT ACTIVITIES IN POLAND
Paris, 1 June 2023, 5.45 pm CET
As part of the halt of its international
expansion, Nexity is announcing the sale of its development
activities in Poland to Develia, a Polish developer.
This sale, the price of which has been set at
100 million euros, is in line with the timetable announced by
Nexity in February 2023 in its 2022 annual results and will help to
reduce the Group's net debt.
The agreement will be finalised as soon as the
consent of the President of UOKIK (Office of Competition and
Consumer Protection) is granted.
The press release published by Develia is
available on Nexity's website: Nexity Finance website
NEXITY – LIFE TOGETHER With
8,500 employees and €4.7 billion in revenue in 2022, Nexity is
France’s leading comprehensive real estate operator, with a
nationwide presence and business operations in all areas of real
estate development and services. Our strategy as a comprehensive
real estate operator is designed to serve all our clients:
individuals, companies, institutional investors and local
authorities. Our corporate purpose, “Life together”, expresses our
commitment to creating sustainable spaces, neighbourhoods and
cities that let our clients connect and reconnect. Nexity has been
ranked France’s number-one low-carbon project owner by BBCA for the
fourth year in a row, is a member of the Bloomberg Gender-Equality
Index (GEI), was included in the Best Workplaces 2021 ranking and
was awarded Great Place to Work® certification in
September 2022.
Nexity is listed on the SRD, Euronext’s
Compartment A and the SBF 120.
CONTACTGéraldine BOP – Head of
Financial communication / +33 (0)6 23 15 40 56 –
investorrelations@nexity.fr
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