A unique positioning
as a multi-product player
Our values
Expertise
Agility
Creativity
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Our growth levers
Diversification and consolidation of our activities
In order to continue our growth in France and internationally, we are focusing on a diversification and consolidation strategy. Already present in tourism, business accommodation and co-ownership management, our activity has diversified with our student residential and co-living offer, our campsite offer as well as our offer for independent seniors. With the acquisition in June 2024 of the Les Essentielles network, our catalog of senior serviced residences has expanded to reach 25 residences in our portfolio and 2,300 housing units. We have also developed our real estate transaction and luxury property rental activity following the acquisition of a majority stake in Les 2 Alpes in the Alpissimmo agency.
Upgrading our concepts
At MAGORA, our goal is to meet the ever-changing expectations of our clients, in search of new standards or redesigned living spaces. We have therefore decided to develop part of our listing towards more premium accommodation, particularly in the mountains. They are located in luxury residences, made up of spacious apartments and large relaxation areas, such as in Alpe d’Huez, Courchevel or Auron. By the sea, a brand new setting on the Giens Peninsula completes MAGORA’s presence in the Var region in the south of France, open since July 2024.
International expansion
MAGORA is accelerating the deployment of its Odalys Vacances, Odalys City and Odalys Campus brands outside its borders. In Europe, 7 Odalys Campus residences are planned by 2025: 2 new student residences in Lisbon and Porto in Portugal (2024), 3 in Spain in Seville, Granada and Zaragoza (2024 and 2025) and 1 first opening in Belgium in Liège (2025). In French-speaking Africa, a first Odalys residence will open in the Côte d’Ivoire in Abidjan in early 2025. Another establishment is already planned in Kigali (Rwanda) in partnership with our shareholder Groupe Duval, and more than 6 opportunities are under consideration, in particular in Senegal.