⏱ 1 min read
Background
A leading figure in Geneva real estate, Jérôme Félicité left Barnes in April, after the Berda family bought his shares. An offer to buy Barnes outright had fallen through. He started out in the property management firm founded by his father, Gerofinance.
The key points
Jérôme Félicité is creating Félicité & Cie, a family real estate company, together with his three children. The business is operational from 1 September, on rue des Bains in Geneva.
The offices occupy the premises where Gerofinance operated for twenty years. The company covers property management, brokerage and real estate development. Jérôme Félicité holds all of the capital, according to Bilan.
Key figures
- Around fifteen employees from the outset.
- About 50 million francs in rental income under management at launch.
- Target of around 100 million during the first expansion phase.
- Around ten real estate developments to be marketed from this autumn.
What it means for businesses
The new agency intends to focus on private clients and family offices. It does not rule out working with institutional clients, provided they are deemed responsible. Most of the staff have been with the firm for nearly two decades.
Who says what
Jérôme Félicité advocates a "human-scale" approach. He believes there is "a real opportunity in French-speaking Switzerland". He says he wants to build a project for the next twenty or thirty years.
Further reading
Sources
Let’s share Romandy’s news
We build the news together.
An idea, an opinion, a wish, a detail to add? Tell us!
