Q3 23 was almost ‘decent’ but Nexity is becoming very dependent on orders from institutional investors, which accounted for two-thirds of its bookings in this quarter. Reservations by individuals will soon reach historically low levels, in terms of the number of units. We expect a downturn in 2024, or even 2025.
26 Oct 2023
What about 2024-25?
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What about 2024-25?
- Published:
26 Oct 2023 -
Author:
Christian Auzanneau -
Pages:
4
Q3 23 was almost ‘decent’ but Nexity is becoming very dependent on orders from institutional investors, which accounted for two-thirds of its bookings in this quarter. Reservations by individuals will soon reach historically low levels, in terms of the number of units. We expect a downturn in 2024, or even 2025.