Nicolas Chandou joins the Board of Directors of Realia Group

Nicolas Chandou has been appointed a member of the Board of Directors of Realia Group starting from 1 February 2018. Chandou (b. 1979), from France, previously worked as the CFO of Foncia, a French real estate Group, in 2011–2017. Before this, Chandou worked as a financial director at Hawkpoint in 2007–2011 and as an associate at Bank of America in 2004–2007.

Risto Siivonen stepped down from the Board of Directors of Realia Group effective from 1 February 2018.

Bengt Maunsbach (chairman), partner at Altor, the primary shareholder of Realia Group; Niko Mokkila, director at Altor; Heikki Malinen, President & CEO of Posti Group Oyj; and Anna Salmi, CCO of Stockmann Oyj, continue as ordinary members of the Board of Directors of Realia Group.

“Realia Group is looking for strong growth in the Nordic countries, and the Group wants to offer the best expert services in real estate management and brokerage in the Nordics. Nicolas Chandou's experience and expertise offer a valuable addition to the Board of Directors of Realia Group”, says chairman Bengt Maunsbach.

Additional information:

Bengt Maunsbach, chairman of the Board of Directors, Realia Group Oy, tel. +46 (0)73 0799 115

Realia Group Oy is the largest expert service group in the Nordic countries specialising in the brokerage and management of apartments, properties and commercial facilities. Companies in Realia Group include Huoneistokeskus, SKV Kiinteistönvälitys, Huom! Huoneistomarkkinointi, Realia Isännöinti and Realia Management. Ober-Haus and Hestia operate in the Baltic region, Sweden and Norway. Realia Group’s annual turnover is approximately EUR 114 million, and it employs more than 1,900 professionals. All of the companies share an emphasis on customer satisfaction, which is created with tailored products and active, professional service.