PAREF Completes the Sale of its Subsidiary SOLIA Paref to RYZE
On Thursday, February 5, 2026, PAREF Group finalized the sale of SOLIA Paref, its subsidiary dedicated to Property Management, to RYZE Group (formerly YARD REAAS). The transaction took effect immediately following the announcement of exclusive negotiations in December 2025.
PAREF Sells SOLIA Paref to RYZE Group
PAREF has sold SOLIA Paref to RYZE Group, the Italian leader in real estate consulting and integrated real estate services management, through its wholly owned French subsidiary VSA Ile de France. SOLIA Paref was a subsidiary of PAREF Group focused on Property Management for third parties. The transaction was effective immediately on February 5, 2026.
Strategic Refocus for PAREF
This sale is part of PAREF's strategy to refocus on its core activities: Investment, Fund Management, and Asset Management. According to the group, this operation allows it to concentrate its resources on high value-creating activities. PAREF states that this sale ensures that SOLIA Paref is backed by a strong international player, guaranteeing continuity and quality of services offered. RYZE, with a strong presence in Italy, pursues an active expansion strategy in European markets supported by several acquisitions in recent years.
Advisors Involved in the Transaction
PAREF Group was assisted by Racine law firm. RYZE was supported by KPMG and Orrick. The announcement does not specify the price of the transaction nor the detailed financial impacts of this sale.