Redman Promotion Raises First Funding

Redman Promotion, a France-based real estate company, raised a first round of funding of undisclosed amount from venture captial firm 123Venture.

Redman Promotion, which develops real estate for the services sector and residential projects in the South-East of France, is part of the Redman Group.

Created in 2007 by Nicolas Ponson and Matthias Navarro , Redman Group provides institutional customers
with specific services to maximize the potential of their real estate assets.
The new capital will be used to create two subsidiaries focused on offices and homes, respectively. As also stated by the co-founder of the company, Nicolas Ponson, this strategic partnership gives Redman Promotion means to initiate the realization of a decade of real estate operations.

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