CAPELLI: management transactions · France · AMF

About CAPELLI

CAPELLI is a French listed real estate group, historically focused on residential property development and value-added real estate projects. The company is controlled by the Capelli family and is listed on Euronext Growth Paris under ISIN FR0012969095. According to the company’s most recent public communications, CAPELLI highlights more than 40 years of experience in designing living spaces and says it has concentrated for over 10 years on residential real estate development. Its business model is built around the full development chain: land sourcing and control, project design, structuring and permitting, marketing, and project delivery. The group’s portfolio spans several product types, including collective housing, residential towers, duplex villas and refurbishment projects. CAPELLI also develops turnkey projects in the managed-residences segment, such as student residences, senior residences, hotel residences and business residences. This diversification allows the company to target a broad customer base, including owner-occupiers, private investors, institutional investors and social landlords. That multi-client approach is a key feature of CAPELLI’s market positioning and helps it tailor its offerings to local demand conditions. CAPELLI has developed as a mid-sized European developer with operations in seven locations across Europe: Paris, Lyon, Lille, Bordeaux, Marseille, Luxembourg and Geneva. This footprint gives the group access to several regional property markets and supports its ability to source and execute projects in different geographies. The company also emphasizes its relatively high level of in-house expertise, with internal land development teams, design offices and sales forces, which supports operational control and execution discipline. Among its notable features, CAPELLI has repeatedly communicated on flagship developments and on its commitment to more sustainable urban planning, including reduced land artificialization and greener project design. However, it is important to note that in July 2025 Euronext published a notice stating that the insolvency proceedings of CAPELLI SA had been converted into liquidation proceedings, which is a major event for the company’s financial and equity story. Even so, CAPELLI remains a recognizable name in French residential development, with a long entrepreneurial history, a clear housing-focused identity and a European real estate footprint built over decades.