PAREF Group, a leading European real estate management player for more than 30 years, announces the completion of the sale of its subsidiary SOLIA Paref to the RYZE Group (formerly YARD REAAS). The Italian leader in real estate consulting and integrated property services, is executing this acquisition through its wholly-owned French subsidiary VSA Ile de France.
This transaction follows the announcement in December 2025 regarding the entry into exclusive negotiations for SOLIA Paref, and it was finalized today and takes effect immediately.
This divestment aligns with the PAREF Group’s strategy to refocus on its core businesses: Investment, Fund Management and Asset Management and to concentrate resources on high-value-creation activities. This move also ensures that SOLIA Paref will benefit from the backing of a solid international player, thereby guaranteeing the continuity and quality of the services currently provided by SOLIA Paref. Well-established in Italy, RYZE is pursuing its active expansion across European markets, building on several successful acquisitions over the past few years.
« This transaction represents a key milestone for PAREF Group. It enables us to implement our strategy of refocusing on Investment, Fund Management and Asset Management, while providing SOLIA Paref and its teams with the optimal conditions to pursue their growth within a leading European group that shares our core values. »
« Reflecting our international expansion ambitions, this acquisition significantly strengthens our footprint in France. By integrating the teams and expertise of SOLIA Paref, we aim to scale our model and reinforce our position as a leading partner for institutional and corporate clients across Europe. »
As part of this transaction, PAREF Group was advised by Racine, while RYZE was advised by KPMG and Orrick.
