"Why Keys REIM has downsized".

Fewer employees, the unexpected departure of Vincent Férat, the end of the leveraged buy-out (LBO) with Naxicap Partners in March 2025... Needless to say, Keys REIM, a real estate portfolio management company owned 52% by the subsidiary of Natixis (BPCE Group) and 48% by its founders Pierre Mattei and Cyril Garreau, is suffering from a few squalls in a stormy market. And that's not to mention the worrying rumours reported by a number of observers; rumours that are "unfounded and harmful", according to Jimmy Castillo, appointed President of Keys REIM (he was previously Chief Operating Officer), interviewed by Business Immo in mid-April. "They can, in fact, have negative repercussions on the perception of asset values within all our funds", he regrets, before adding that "only" 7% of the total assets of the funds managed by Keys REIM "are experiencing delays", "i.e. four real estate assets out of the 76 held", he says.