Yard Reaas acquires VSA Property Group and rebrands as Ryze

Real estate consultant and manager Yard Reeas has acquired French firm VSA Property Group as part of its internationalisation strategy.

Emanuele Bellani

This transaction—the Group's first overseas operation—follows investment from AnaCap, in line with the strategic plan announced in recent months by partners Emanuele Bellani, Paolo Datti and Paolo Perrella.
Consequently, Yard Reaas will change its name to Ryze Group on 1 January 2026. The new name reflects the company’s ascent into foreign markets as it closes 2025 with approximately €80 mln in total turnover.
Founded in Lyon in 2014, VSA brings 80 employees, 500 active mandates, and a strong presence across France. Known for managing complex assets like skyscrapers and logistics platforms, VSA is also distinguished by its commitment to ESG standards and proprietary technology, such as the Octopus platform. 
Post-acquisition, VSA partners Antoine Dehan and Vincent Decamps will continue to lead the French division, maintaining their existing management structure and client relationships.
Emanuele Bellani, CEO of Yard Reaas, said: “Entering the French market represents a decisive step for our Group. With the aim of exporting our business model to France, we are taking our integrated skills matrix across the border, the same one that has allowed us to become a point of reference for institutional and corporate clients in Italy.” 
Paolo Datti, deputy chairman – head of M&A at Yard Reaas, commented: “With the entry of VSA Property, we are entering one of the most dynamic and strategic markets in Europe, which the Group has always viewed with great interest.” 
Antoine Dehan (CEO) and Vincent Decamps (chairman) of VSA Property commented: “Joining the Yard Reaas universe represents an extraordinary opportunity to accelerate the growth of our company. The integrated and strongly customer-oriented approach fits perfectly with our culture and the needs of the French market.”
Alberto Sainaghi, Managing Director of AnaCap, added: “The investment in the VSA group enables Yard Reaas to gain a strong foothold in a new key market as we continue to expand our presence and expertise across Europe.”
Yard Reaas was assisted in the transaction by Will Woodhead & Associés, KPMG, Deloitte, and Orrick, while VSA Property was assisted by Ansermaud & Trojani and FIREX.