Sables d'Olonne – SAS OSKA.R BÂTIMENT

AMF agrément AMF licence in force → 8 pts

• Default 17.45% (>15%) → 0/6
• Delay rate 31.05% (30-50%) → 1.5/6
• Realised return 6.5-7.5% vs announced ~10% (gap ~2.5-3.5pp below lower bound) → 1.5/6
• A2 = (0×0.5)+(1.5×0.3)+(1.5×0.2) = 0.75 → rounded 1/6

Ranked 5th in 2024 rankings, process mentioned, but selection rate not published and concerns flagged on selection quality

Independent platform, active since 2014, >€1bn raised, monthly publication of indicators, no platform distress signal identified

• Licensed agrément AMF → reflection period 4 days + continuity plan (1 mandatory pt)
• Standard agrément AMF segregated accounts (1 pt)
• Secondary market not documented (0 pt)

• No pre-marketing: it will begin after financing
• This is a standard apartment on a liquid coastal market, hence 2 points

Land under promise signed on 06/02/2026, authentic deed not executed as at the date of the file, hence 0 point and RF6

• Exit price of 3,391 EUR/m2, below MeilleursAgents (3,569) and below transactions (4,288)
• Score adjusted with live data: stable trend, but the study covers logistics, not residential