FONCIA in the news

Foncia's Q3 2026 report indicates a significant market slowdown with an 18% decrease in preliminary sales agreements due to buyer hesitation, rising interest rates, and political uncertainty, despite varying regional trends in prices and sales volumes.

The positive energy Tour Tésé in Saint-Étienne, managed by Foncia, is experiencing significant operational issues, including heating and water problems, impacting tenant satisfaction and the project's credibility.

Foncia's Q3 2026 report shows an 18% drop in preliminary sales for existing properties, a 4% price decrease, and a 19% increase in cancellations, attributed to higher interest rates and financing challenges.

Zahir Keenoo has resigned from his position at Foncia ADB, with Bruno Vaquette taking over as interim leader, as the company emphasizes client engagement and digital development.

Foncia has consolidated its three Avignon agencies into a single, larger location to streamline customer experience and integrate property management and sales services.

Zahir Keenoo is departing from Foncia ADB, and Bruno Vaquette will serve as interim CEO, as the company emphasizes digital transformation and customer engagement.

Zahir Keenoo has stepped down as president of Foncia ADB, with Emeria CEO Bruno Vaquette taking over temporarily while the company continues its digital transformation and customer experience focus.

Zahir Keenoo has departed from Foncia ADB after two years as president, by mutual agreement with the Emeria group.

Zahir Keenoo has departed as president of Foncia ADB by mutual agreement after two years.

Foncia's co-president was abruptly dismissed amid company struggles with integration, client losses, and significant debt at its parent company, Emeria.

Tenants of the Tésé tower in Saint-Etienne report persistent issues like heating failures and leaks, leading to frustration, which Foncia is addressing.

Foncia is facing tenant anger over multiple malfunctions in the newly inaugurated Tésé positive energy tower in Saint-Etienne.

Matera won a six-year legal battle against real estate professionals, including Foncia, over its cooperative syndicate assistance platform and advertising campaign.

Foncia reports an unprecedented crisis in the French real estate market in early 2026, marked by a significant slowdown in sales and severe tension in the rental sector due to tight credit conditions and low housing supply.

The real estate market faces an alarming crisis in the first half of 2026, marked by declining sales, rising credit rates, and a severe contraction in rental supply, leading to calls for more effective government interventions.

Foncia warns of an unprecedented and deep crisis in the French real estate market, characterized by declining transactions, a severe shortage of rental housing, and a lack of buyer confidence.

Foncia reports an extremely low availability of rental housing in major French cities, with only 70 apartments available in Paris.

Foncia has reorganized its rental and development teams into a new entity, Foncia Développement et Locations, led by Jordan Frarier, to enhance operational efficiency and client service in a competitive market.