Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The online low-cost real estate agency Proprioo, created in December 2016, has announced a third round of funding of €20 million, which will enable it to recruit 200 employees within two years. Mostly present in Paris (half of its sales) and in the region Ile-de-France, Proprioo, which has 50 employees, has claimed 750 sales since its creation for more than €250 million. Proprioo aims to recruit, within two years, around 100 agents in Ile-de-France and another 100 in around 30 major cities in other regions, as Marseille, Lyon and Nice. The objective of Proprioo is to reach €1 billion in transactions by the end of 2020 and to become the market leader in real estate transactions in the 40 largest French cities.
Eurofound (2019), Proprioo, Business expansion in France, factsheet number 97740, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97740.