Nexity adjusts strategy amid French housing market slowdown and political focus
What happened
Nexity confirmed its 2026 business activity guidance, noting that revenue is expected to be €1.6bn, a 17% decrease. The company is proactively adapting its strategy to the market cycle, maintaining financial discipline through a selective approach to project development. The backlog stands at €3.5bn, which equates to 1.6 years of revenue.
From manilatimes.net
Why it matters
The company's adjustments reflect a slowdown in the Planning and Development sector, despite growth in Serviced Properties. Housing is currently a political priority at the national and European levels, with measures anticipated in France’s 2028 budget bill. The macroeconomic backdrop remains unfavorable, marked by a 3% year-on-year increase in inflation.
Marine Le Pen has outlined national preference policies concerning French housing.
From manilatimes.net
Who's involved
- NexityFrench real estate services company adjusting its strategy and confirming 2026 guidance
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The entities involved
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Nexity
French real estate services company
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