Nexity: acquisition of Costame
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| ACQUISITION OF COSTAME |
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| Paris, 9 November 2016 |
Nexity has acquired Costame, one of the French leaders in technical solutions consulting for the real estate and construction sectors.
Founded over 20 years ago, Costame works for property owners, construction project owners and real estate asset managers, providing them with high added value technical solutions (technical expertise, assistance to construction project owners, project management for renovation projects) and/or compensation-related solutions (assistance with claims management). It has around twenty employees.
The acquisition of Costame rounds out Nexity's offering in real estate services to companies, allowing it to develop synergies with the Group's management and real estate development operations.
Costame will be integrated into Real estate services to companies (NPM) within Services & Networks and will be consolidated as of January 1, 2017. This acquisition will not have a significant impact on the consolidated financial statements of the Nexity Group.
| 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 business lines - real estate brokerage, management, design, development, planning, advisory and related services - are now 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 Ticker symbol: NXI - Reuters: NXI.PA - Bloomberg: NXI FP ISIN code: FR0010112524 ______ CONTACTS Blandine Castarède - Director of Communications and Brand Strategy / +33 (0)1 85 55 15 52 - [email protected] Anne Gindt - Communications Manager / +33 (0)1 85 55 10 54 - [email protected] Domitille Vielle - Head of Investor Relations / +33 (0)1 85 55 19 34 - [email protected] |
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
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