PAREF Group has finalized the sale of its third-party property management subsidiary, SOLIA Paref, to the RYZE Group through its French subsidiary VSA Ile de France. The transaction, announced after exclusive negotiations began in December 2025, is effective immediately. This sale is part of PAREF’s strategy to concentrate on its core activities of investment, fund management, and asset management.
RYZE Group, an Italian real estate consulting and services leader, is expanding its presence in Europe with this acquisition. The company aims to integrate SOLIA Paref’s teams and expertise to strengthen its position in the French market and enhance its service offerings for institutional and corporate clients.
**Why this matters**
This divestment allows PAREF Group to focus resources on high-value business areas while ensuring SOLIA Paref benefits from the support of a strong international player. For RYZE Group, the acquisition marks a significant step in its European expansion, reinforcing its footprint in France and broadening its integrated property management capabilities.
Source: NewsData