History

In just over 50 years, Emeria has become Europe’s leading provider of technology-enabled real estate services. How did we get here?

The beginning

The story of Emeria began in 1972, with the incorporation of Foncia in France. During the first 20 years, we focused our development on the French market and built an advanced digital solution for estate agents and managers of jointly owned properties, giving them a major competitive advantage from the start.

International expansion

From the 1990s onwards, Emeria expanded its business by acquiring real estate service companies in Belgium, France, Germany, Luxembourg, the Netherlands, Portugal, Switzerland and the UK. We continued to enhance our technological capabilities to improve efficiency and strengthen our service offering.

Leadership

Since 2016, we have completed many more acquisitions, primarily in the areas of joint property, lease management and rentals. Our external growth strategy and the development of ancillary service offerings have been key drivers of our historical growth, allowing us to become a recognised global leader in our markets.

Chronology

Key milestones in our company’s history, from 1972 to the present day.

  • March 2026

    Laurent Carozzi appointed Group Chief Financial Officer of Emeria. He joins the Group’s Executive Committee, bringing extensive international experience in finance leadership and transformation.

    2026

  • June 2025

    Bruno Vaquette appointed Chief Executive Officer of Emeria. He officially takes up his position on 18 August 2025.

    2025

  • February 2025

    Creation of Reemia, a new company dedicated to the practical integration of AI.

  • October 2024

    On 1 October 2024, Zahir Keenoo is appointed CEO of Foncia ADB, the division responsible for property management services in France, including property management, rental management, and lettings.

    2024

  • November 2023

    Emeria acquires Chestertons in the UK.

    2023

  • August 2022

    Emeria expands into the UK and Scotland with the acquisition of FirstPort and becomes the European’s leading provider of technology enabled real estate services.

    2022

  • January 2022

    The Foncia Management holding becomes Emeria.

  • October 2021

    The real estate services group welcomes TA Associates as a new shareholder, alongside its long-term equity partners since 2016, Partners Group, CDPQ and China's CIC.

    2021

  • December 2020

    Acquisition of OP in Belgium and Luxembourg.

    2020

  • March › May 2020

    During the first COVID lockdown and while all branches were closed to the public, our teams remain available to assist customers using digital tools and ensure business continuity.

  • January 2020

    Foncia launches Tech-Way, a technical maintenance expert in the residential real estate sector.

  • December 2019

    Foncia Institutional Property Management (FIPM) becomes Esset Property Management (Esset).

    2019

  • September 2019

    Organisation of the first general meeting of joint property owners online in France.

  • October 2018

    Emeria strengthens its position in Germany with the acquisition of Bautra’s property management business.

    2018

  • October 2018

    Emeria acquires Lodgis (a real estate agency founded in 1999 specialising in property rental and sales with offices in Paris, Lyon, Bordeaux, Aix-en-Provence, Montpellier and Toulouse).

  • December 2017

    The arrival of Philippe Salle as President of Emeria (ex.Foncia Group) marks the Group’s entry into a new digital era.

    2017

  • September 2016

    Acquisition of Icade Property Management, which subsequently integrated into the Esset brand in December 2019.

    2016

  • September 2016

    Foncia is acquired by Partners Group, leading a consortium whose shareholders include Caisse de dépôt et placement du Québec and CIC Capital Corporation.

  • February 2015

    Creation of Esset dedicated to B2B property management in France.

    2015

  • August 2014

    Emeria acquires Efficity (a service platform enabling independent professionals to build their own real estate business).

    2014

  • Summer 2013

    Further development in Belgium with the acquisition of Trevi Group

    2013

  • Summer 2013

    Emeria acquires Tagerim’s property administration division (representing 17 branches and approximately 500 employees).

  • May 2011

    Eurazeo and Bridgepoint acquires 80% of Foncia (and 100% in 2014).

    2011

  • January 2007

    Foncia is acquired by Banque Populaire.

    2007

  • 2002 › 2006

    Foncia continues its strategy of external growth, acquiring several property management firms in France and abroad, particularly in Belgium, Germany and Switzerland.

    2006

  • 2001

    Foncia is floated on the Paris stock exchange.

    2001

  • 2000

    The Foncia group begins its international expansion with the acquisition of residential real estate service companies in Switzerland, Germany, and Belgium.

    2000

  • 1973 › 1993

    Development of an advanced computerization solution for rental management and lettings and management of jointly owned properties, adapted to the expectations of local estate agents. Launch of the first bolt-on acquisitions programme aimed at expanding Foncia’s presence in France.

    1993

  • 1972

    Foncia is founded in 1972 by Jacky Lorenzetti under the name Franco Suisse Gestion. In 1991, the company is renamed Foncia.

    1972