Presentation
| Date of investment | July 2011 |
|---|---|
| % held | 33.8 % |
| Total investment | €236m of equity* (valuation : €1,017m/€917m net of redeemable bonds) |
| Purchase price multiple | 11 x LTM EBITDA June 2011 |
| Vendor | BPCE |
| Governance | Governance shared equally between Eurazeo and Bridgepoint + 1 representative of BPCE |
*€39m through Eurazeo Partners
European leader in residential real estate services
European leader in residential real estate services, FONCIA has a network of over 600 branches run by nearly 7,000 employees. Present in virtually all of France’s major cities, it also operates in Switzerland, Germany and Belgium.
FONCIA offers a total residential real estate service to its customers through three main activities: lease management, joint property management and property transactions.
FONCIA applies the same principles to all of its real estate activities: proximity, innovation and quality service.
