Their networks attract investors. After IAD and Safti in 2021, Private-Ownership is raising 100 million euros.
The wind of madness blowing on home sales does not only benefit real estate agencies. The networks of agents (independent commercial agents) without a physical store are constantly stealing market share.
These players did not weigh almost nothing ten years ago, but in recent years they have posted annual growth of 20%. The pandemic, which has blocked France on multiple occasions, has even boosted their activity: the networks of agents sign nearly one in five sales, according to the United real estate union.
No rents and better responsiveness
This success has not escaped investment funds, the raising of new money follows one another. Tuesday, Oryx (properties-private.com) announced the raising of 100 million euros from funds Tikehau Capital and Abénex. In February 2021, IAD, the leading network of real estate agents in France, had raised 300 million euros. Its successor Safti (New Immo Group) then brought in the Permira fund for 30% of its capital …