Covivio is a global property company with €23 billion in assets, and is considered the number 4 company in its field in Europe. Formerly known as Foncière des Régions, Covivio serves companies, hotel brands and territories and employs 922 people in ten countries across Europe, including France, Germany, Italy, Spain and the United Kingdom. Sixty percent of the company’s assets can be found outside France.
In 2019, the company joined forces with the start-up, MonBuilding to bring together all of the services offered in its office buildings in a mobile app that will be accessible to occupants, thus digitising the customer experience.
That same year, Covivio acquired a 32% stake in a portfolio of 32 Accor hotels in France and Belgium.
Covivio’s shares are listed in the Euronext Paris A compartment and on the MTA market of the Milan stock exchange. In fiscal 2019, the company reported revenue of €775 million and revenue Group shares of €511 million, up 10.8% and 2.8% like for like. Track this instrument for more updates and news on the current COV.PA value.