Turnover: 100 million EUR (2023)
Country: France
Groupe Cardinal is a French company specializing in property development, student residence management and real estate investment.
Founded 15 years ago, the Group works with internationally renowned architects and designers on its projects.
Groupe Cardinal is headquartered in one of its projects, the Cube Orange, in the heart of Lyon Confluence,
Groupe Cardinal has extended and is gradually expanding its scope of action throughout France, with 25 new projects planned by 2018.
News
"Real estate: Lyon-based Cardinal joins forces with Belgian Eagleston" 10/06/2022
- Cardinal sales in 2021: 180 million euros, 50% of which in the Paris region
- Eaglestone achieves sales of 700 million euros following the transaction
- Value of Eaglestone real estate projects: 1.5 billion euros
- The subsidiary, Cardinal Campus, specializes in student residences, co-living (40 student residences under management) and co-working
Real estate: Lyon-based developer Cardinal joins Eaglestone | Cardinal invests in Eaglestone's real estate business 10/06/2022
- Groupe Cardinal in exclusive negotiations with Brussels-based developer Eaglestone for a three-year buyout.
- Cardinal founder Jean-Christophe Larose joins Eaglestone's executive committee.
- Cardinal will achieve sales of 180 million euros in 2021.
- Cardinal has 40 projects totalling 200,000 m2.
- Eaglestone will have sales of 700 million euros after the transaction.
- Eaglestone has real estate projects worth 1.5 billion euros.
- Cardinal operates in the service sector, hotels and student residences.
- Cardinal manages 40 student residences (4,500 units) through its subsidiary Cardinal Campus.
- Cardinal Campus plans to have 8,000 lots within three years.
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