Yard Reaas, a platform backed by AnaCap, has acquired VSA Property Group in France, marking its first international expansion and rebranding as RYZE Group in 2026.

Information on the Target

Yard Reaas, backed by AnaCap, has announced its strategic acquisition of VSA Property Group, a notable independent firm in France specializing in nationwide property management services. This acquisition marks a significant milestone as it represents Yard Reaas's first foray outside of the Italian market, showcasing its commitment to international expansion. Founded in Lyon in 2014, VSA operates throughout France, with a turnover of approximately €11 million, a workforce of 80 employees, and roughly 500 managed mandates.

The VSA Group stands out for its innovative approach in property management, leveraging advanced technological solutions such as the OCTOPUS platform for process digitization and artificial intelligence. It maintains a strong commitment to environmental, social, and governance criteria, in addition to Corporate Social Responsibility, allowing it to position itself among the leaders in the market, particularly in managing large-scale projects across various real estate asset classes.

Industry Overview in France

The French real estate market is characterized by a robust structure and dynamic growth potential, driven by increasing demand from both institutional investors and private clients. As of late 2023, the market is experiencing a shift towards more technological