Nexity revenue falls 17% as it opens financing-extension talks
Nexity ($NXI) reported revenue for the first nine months of 2026 of €1.61 billion, down 17%, as lower activity on development projects outweighed growth in serviced properties. French residential reservations fell 17% to 5,394 units, while the backlog stood at approximately €3.5 billion, equivalent to 1.6 years of revenue. The company said the housing-market downturn had become deeper and more prolonged. Nexity has begun negotiations with its banks to extend its €625 million credit facility and
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