French listed property developer Nexity will look to expand its activities particularly in the commercial property segment in 2010 after a year spent rebuilding its balance sheet. The company said it was able to significantly improve its financial position in 2009, curbing its net debt by EUR 668 mln over the year through the sale of its interest in Crédit Foncier de France for EUR 540 mln.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
