This page is available in multiple languages
Select Language

Prelude lists on Euronext

Back

Market capitalisation of €19.1 million
50th listing on Euronext in 2025

Paris – 26 September 2025 – Euronext today congratulates Prelude, a socially focused real estate developer dedicated to creating affordable housing for local authorities and social landlords, on its listing on Euronext Access in Paris (ticker code: MLPRE).

Founded in 2020, Prelude designs and builds property developments exclusively for social landlords, who operate them afterwards. With a strong focus on rural and high-pressure areas, Prelude relies on loyal, recurring clients who regularly acquire its projects. This niche positioning gives the company a competitive advantage in a market segment with strong demand for social housing. Prelude aims to become a leading player in social housing property development for rural towns.

Prelude was listed through the admission to trading on 26 September 2025 of the 2,000,000 shares making up its equity.

The admission and issue price of Prelude shares was set at €9.55 per share. Market capitalisation was €19.1 million on the day of listing. 

This listing marks a new stage in the company’s development. The transaction will enable Prelude to gain greater recognition and strengthen its presence in its domestic market.

Hervé Gévaudan, Chief Executive Officer of Prelude, said: “Our listing is a major milestone that will enhance Prelude's visibility while also enabling us to accelerate our growth. It reinforces our mission to create affordable housing where it is most needed. Looking ahead, our ambition is to gain greater recognition and further strengthen our presence in our domestic market, as we reinforce Prelude's position as a leader in social housing property development.” 

Prellude bell ceremony

Caption: Hervé Gévaudan, Chief Executive Officer of Prelude, and his team rang the bell during a ceremony this morning to celebrate the IPO of Prelude.

 

CONTACTS  

CONTACT EURONEXT - mediateam@euronext.com            

France, Corporate                                                  Flavio Bornancin-Tomasella                               +33 1 70 48 24 45                                                                                                                                                                                                                

CONTACTS PRELUDE

Chief Executive Officer                                      Hervé GÉVAUDAN                                                                                                                                                                                                                                                          hg@prelude.immo

Deputy General Manager                                   Catherine CADENAT                                                                                                                                                                                                                                                      cc@prelude.immo

 

About Prelude

Founded in 2020 by Hervé Gévaudan, PRELUDE is a socially oriented property developer that creates social, intermediate, and rent-to-own (PSLA) housing for local authorities and social landlords. 

The Group mainly operates in towns with populations between 5,000 and 80,000, building human-scale property developments of around 15 to 80 homes.

More information is available at https://preludeimmo.com


 

Download PR: Prelude lists on Euronext

Press Release Footer

About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.
As of September 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,700 listed issuers with €6.5 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
In November 2025, Euronext successfully acquired a majority stake in the Athens Stock Exchange (ATHEX), further expanding its footprint and strengthening its pan-European market infrastructure.

For the latest news and resources, please visit the Media Centre. 
Follow us on X (x.com/euronext) and LinkedIn (linkedin.com/company/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2025, Euronext N.V. - All rights reserved.