Mata Capital IM has signed a five-year partnership with Hestia, a PropTech company specializing in property leasing. This initiative is part of “a strategy to support the development of an alternative model for access to home ownership,” supported by one of the real estate funds managed by the company headed by Jean-Baptiste Pracca.
Founded in 2022, Hestia claims to offer “an innovative approach to real estate leasing by offering a solution that enables a variety of profiles, faced with temporary difficulties in accessing bank credit, to gradually enter a path to home ownership.” Its model is based on the acquisition of the home chosen by the occupant, who then becomes a tenant with an option to purchase, following the lease-to-own model governed by the law of July 1984.
“This fund-raising marks a key step in industrializing our model and accelerating our deployment in the face of growing demand for alternative home-ownership solutions,” sums up Adrien Péligry, co-founder and Chairman of Hestia.
With this partnership, Mata Capital IM intends to contribute to the growth of alternative home-ownership solutions such as property leasing, and to strengthen its exposure to non-market residential housing.
“In Hestia, we have identified a player offering a solution that we believe is in line with market trends,” summarizes Thomas de Ridder, Fund Manager at Mata Capital IM.”
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