What Bernard Nicod does

Bernard Nicod (legal entity: Groupe Bernard Nicod) is a fully integrated, founder-owned Swiss real estate group headquartered in Lausanne, operating since 1977 and self-described as the leading real estate agency in French-speaking Switzerland (Romandie). The group serves private individuals, private and institutional investors (pension funds, insurance companies, investment foundations), public sector entities (communes, cantons), and co-owners across 503 PPE properties, delivering the entire property lifecycle under one roof: residential and commercial brokerage, full-service property management (Gérance) for 2,187 buildings covering 43,181 lots, condominium (PPE) administration for 7,683 co-owners, investment advisory, and general contracting/construction through wholly-owned subsidiaries EGBN (Entreprise Générale Bernard Nicod) and BN Conseils.

The group's product portfolio is delivered through a sales-led model anchored by an 11-agency physical network across Vaud, Geneva, and Valais (Lausanne x2, Geneva, Nyon, Rolle, Morges, Yverdon-les-Bains, Vevey, Montreux, Aigle, Monthey), supported by an online valuation tool, a trilingual (FR/EN/DE) website with property search, and tenant/owner portals (Tayo Cloud and Garaio REM). Monetization spans transaction commissions on brokerage (one-time, ranging from CHF 820K to CHF 2.4M+ per unit), recurring managed-services fees on Gérance and PPE administration, professional services revenue from BN Conseils advisory, and construction revenue through EGBN (current pipeline CHF 266M). Property management holds ISO 9001 certification.

Founder Bernard Nicod remains actively engaged at nearly 78 years old and has publicly stated he will not retire; Romain Nicod appears in operational brokerage roles. No external equity, venture, or institutional capital is disclosed, leaving ownership concentrated under the founder. The technology stack is largely conventional: no proprietary AI/ML, no disclosed patents, and CRM/property management delivered via third-party SaaS. The competitive moat rests on distribution density, brand longevity, ISO-certified quality systems, and the scale of the managed portfolio rather than technology differentiation.

Name

Bernard Nicod

Legal name

Groupe Bernard Nicod

Website

https://bernard-nicod.ch

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

101–250 employees

Short description

Groupe Bernard Nicod is a Lausanne-headquartered, founder-owned integrated real estate group serving French-speaking Switzerland since 1977 with brokerage, property management (2,187 buildings), condominium administration, general contracting, and investment advisory across an 11-agency network.

Ownership category

akta.pro rank

Headquarters

HQ city

Lausanne

HQ country

Switzerland

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Brokerage commissions: Revenue from buying and selling residential and commercial properties. The company earns commissions on property transactions including apartments, villas, investment buildings, and commercial spaces.
2. Property management fees: Ongoing fees for managing 2,187 buildings including residential, commercial, mixed-use, subsidized properties, and shopping centers. Services include technical management, financial administration, and tenant relations.
3. PPE (Condominium) administration: Fees for administering 503 co-ownership properties with 7,683 co-owners. Includes financial transparency, assembly management, and work oversight.
4. General contracting/Construction: Revenue from construction and renovation services through their general contracting division (Entreprise Générale Bernard Nicod), including architecture, construction, and renovation services.
5. Real estate consulting: BN Conseils provides advisory services including investment advice, asset optimization, and property valuation services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Groupe Bernard Nicod is an integrated Swiss real estate group providing brokerage (residential and commercial property sales and rentals), full-service building management, condominium (PPE) administration, general contracting and construction services through EGBN, and investment and asset consulting through BN Conseils. It serves private individuals, investors, and institutional owners across French-speaking Switzerland from 11 agency locations, managing 2,187 buildings and 43,181 lots.

Product overview

Bernard Nicod is a fully integrated real estate group offering a comprehensive suite of services under one roof across French-speaking Switzerland. Its core portfolio spans five principal offerings: Courtage (residential and commercial brokerage), Gérance (full-service property management), Administration PPE (condominium management), Entreprise Générale (general contracting covering architecture, construction, and renovation), and Conseils/BN Conseils (multidisciplinary advisory and investment consulting). Supporting digital tools include an Online Valuation tool for indicative property estimates. The group also provides individual unit management (Lots Individuels VIP), investment advisory, rental services, and commercial property brokerage, enabling it to serve the entire real estate lifecycle from search and acquisition through management, renovation, and eventual disposition.

Differentiator

Problem solved

Functional benefit

Products and services

• Courtage (Brokerage) Residential and commercial property buying and selling services across French-speaking Switzerland, with precise market analysis, targeted marketing strategies, and professional negotiation for sellers and buyers.
• Gérance (Property Management)
• Administration PPE (Condominium Management)
• Entreprise Générale Bernard Nicod (EGBN) - General Contracting
• BN Conseils (Real Estate Consulting)
• Investissement Immobilier (Investment Advisory)
• Location (Rental Services)
• Surfaces Commerciales (Commercial Brokerage)
• Lots Individuels VIP (Individual Unit Management)
• Estimation en Ligne (Online Property Valuation)

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

One partnership is on record.

• ForbesminorGTM or Marketing Partner · 8 May 2025BN Conseils was honored by Forbes magazine as part of their 'Successful Companies' program, providing visibility and credibility through editorial coverage of the company's real estate expertise.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Wüest Partner: Leading Swiss real estate consulting and research firm offering valuation, advisory, and data services. Highly comparable to BN Conseils for investment advisory, market intelligence, and asset optimization mandates in Switzerland.
• Naef Immobilier: Established Geneva-based real estate agency with a strong Romandie footprint offering brokerage, property management (gérance), and PPE administration. Direct competitor to Bernard Nicod across the same Swiss French-speaking markets and customer segments.
• Livit AG: Large Swiss property management company serving institutional owners with residential and commercial portfolios. Comparable to Bernard Nicod's Gérance and PPE administration lines at similar scale across multiple Swiss cantons.
• SPG Intercity: Swiss real estate firm operating across brokerage, property management, and consulting with presence in Romandie. Directly comparable service mix (courtage, gérance, PPE) and shared institutional client base in Western Switzerland.
• Privera AG: Swiss property management and brokerage firm with a national footprint including Romandie. Competes for the same institutional Gérance and PPE mandates and operates in adjacent brokerage segments.

Emerging players

• Engel & Völkers Swiss: International premium real estate franchise operating in Switzerland with focus on luxury and investment residential brokerage. Adjacent competitor for high-end residential listings Bernard Nicod handles in Vaud and Geneva.

Broad incumbents

• Apleona Schweiz: International real estate services group with Swiss operations spanning facility management, property management, and brokerage. Broader portfolio than Bernard Nicod but overlaps on Gérance and integrated service delivery for institutional clients.
• JLL Switzerland: Global real estate services firm offering investment advisory, capital markets, and property management in Switzerland. Comparable on investment advisory and commercial brokerage lines via BN Conseils.
• CBRE Switzerland: Global commercial real estate services firm with a Swiss practice spanning capital markets, investment sales, and advisory. Competes with Bernard Nicod on commercial brokerage, investment property transactions, and institutional mandates in Romandie.

Others

• Helvetia Insurance Real Estate: Swiss insurer with a significant direct real estate portfolio and property management operations. Comparable as an institutional owner counterpart and competitor for third-party Gérance mandates in the same Swiss market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/nicod_bernard
• Facebookfacebook.com/Bernard.Nicod.Sa
• LinkedInlinkedin.com/company/bernard-nicod-sa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bernard Nicod