ADNOVA Promotion is starting a new construction site in Nantes, rue de la Trémissinière.
One particularity of this operation: it was sold in bulk to an institutional investor. No retail sales to come, then — but a chance to talk about a part of our business we discuss less often.
What this type of bulk sale says about the operation
- A due diligence carried out by a professional buyer — technical, financial and legal reviews scrutinised before signing.
- Land selected in a tight-supply area, on a documented rental market.
- Compliance with the standards we also apply to our retail developments: RE2020, layout quality, choice of materials.
- A construction site secured by the strength of the institutional buyer.
A stronger foothold in the Grand Ouest
It is also a way to strengthen our foothold in the Grand Ouest, where ADNOVA has been developing since the beginning. 13 years of activity, 23 developments delivered, more than 1,000 homes completed.
The diversity of delivery models
For wealth management advisors and industry players who follow our activity, these bulk transactions illustrate the diversity of delivery models we work with — alongside retail sales, which remain the heart of our relationship with private buyers, bare-ownership investors and expatriates.