Atland

What Atland does

ATLAND is a French listed real estate group (Euronext Eurolist B, ticker ATLAND, share price €38.6 as of June 2026) operating across the full real estate value chain: asset management, real estate development, and property investment. Founded in 2003 by Georges Rocchietta and rebranded from Foncière Atland in 2022, the group manages €10B+ in assets under management for 90,000 clients as of early 2026, with 320 collaborators across France, Spain, Germany, Luxembourg, the Netherlands, and Ireland. Its asset management franchise is anchored by Atland Voisin, which runs flagship SCPI vehicles — Épargne Pierre (€2.7B+ capitalisation), Épargne Pierre Europe, Épargne Pierre Sophia (healthcare/life sciences), and the legacy Immo Placement — distributed primarily through France's CGP network (top-ranked by La Gazette France for eight consecutive years), the Fundimmo crowdfunding platform (60% owned), and a JV with AXA/Drouot Estate (MyShareCompany). ATLAND IM, launched December 2024, extends distribution to institutional investors alongside the PGGM co-investment OPPCI platform.

Revenue is generated through three streams: recurring management fees on AUM (SCPI, Keys REIM professional funds, STAM Europe, Aedgis private debt), real estate development turnover (1,000–2,000 housing units annually under Atland Résidentiel, commercial projects under Atland Entreprises, and Les Maisons de Marianne intergenerational housing), and rental income plus capital gains from owned investment property (Foncière ATLAND). The business model emphasises vertical integration, where internal development feeds asset acquisition pipelines for managed vehicles. Recent strategic moves — acquisitions of Keys REIM (June 2025, €900M AUM) and STAM Europe (September 2025), launches of ATLAND IM and Aedgis, and the Germany office — have repositioned ATLAND from a France-centric property company into a pan-European multi-channel real estate platform, while the group retains founder/management majority ownership ensuring alignment with public shareholders.

Name

Atland

Legal name

ATLAND

Website

https://atland.fr

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

ATLAND is a French listed real estate group operating across the full value chain of asset management, real estate development, and property investment, managing €10B+ for 90,000 retail and institutional clients across six European countries through SCPI vehicles, private debt funds, and direct development.

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599), Lessors of Real Estate (5311), Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531), Lessors Of Real Property, Nec (6519), Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

akta.pro secondary industries

Real Estate Capital Markets Brokerage (Debt & Equity Placement) (FSAEAJAK), Real Estate Credit / Debt Funds (FSANAEAJ), Real Estate Advisory & Consulting (Strategy, Portfolio & Location) (FSAEAJAH), Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

Keywords

• Real estate asset management
• SCPI management
• Real estate development
• Private real estate debt
• Crowdfunding real estate

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Asset Management / SCPI Management: ATLAND generates recurring management fees through its SCPI platforms (Épargne Pierre, Immo Placement, Épargne Pierre Europe, Épargne Pierre Sophia) and professional fund management via Keys REIM. Fees are calculated as a percentage of assets under management and capitalisation, providing a scalable recurring revenue stream.
2. Real Estate Development: Development of residential (new housing, intergenerations), commercial real estate and intergenerations habitat. Revenue from property sales and development fees, with a backlog of housing units growing through acquisitions.
3. Investment Property (Foncière ATLAND): Rental income from owned real estate assets held on the balance sheet, complemented by capital gains on asset disposals as the group pivots away from direct property ownership.
4. Private Real Estate Debt (Aedgis): Aedgis, an AMF-licensed management company launched in February 2025, originates private real estate debt funds targeting financing sizes of €5M–€25M per transaction, targeting European assets.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

ATLAND is a vertically integrated listed real estate group operating three core businesses: asset management of regulated SCPI vehicles and AIFs through ATLAND Voisin (managing Épargne Pierre, Épargne Pierre Europe, Épargne Pierre Sophia, Immo Placement), real estate development (residential via Atland Résidentiel, commercial via Atland Entreprises, and intergenerational housing via Les Maisons de Marianne), and alternative investment solutions including private real estate debt through Aedgis and institutional investment management through ATLAND IM. The group also owns 60% of Fundimmo, a top-5 French real estate crowdfunding platform.

Product overview

ATLAND operates as a global listed real estate investment group present across the entire value chain. The company operates through three core business lines: Asset Management (through subsidiary ATLAND Voisin managing SCPI products including Épargne Pierre, Épargne Pierre Europe, Épargne Pierre Sophia, and Immo Placement), Real Estate Development (Atland Résidentiel for residential, Atland Entreprises for commercial, and Les Maisons de Marianne for intergenerational housing), and Alternative Investment Solutions (Aedgis for private debt, ATLAND IM for institutional investment management). The product portfolio also includes acquired brands Fundimmo (crowdfunding platform), Keys REIM and STAM Europe (real estate investment managers), and MyShareCompany joint venture for SCPI distribution. The group manages over €10 billion in assets under management for 90,000 clients.

Differentiator

Problem solved

Functional benefit

Brands

• Épargne Pierre: Flagship SCPI managed by Atland Voisin, investing primarily in regional office and commercial properties in French metropolitan areas, with capitalisation exceeding €2.7 billion.
• Épargne Pierre Europe
• Épargne Pierre Sophia
• Immo Placement
• Les Maisons de Marianne

Products and services

• SCPI Épargne Pierre ATLAND Voisin's flagship SCPI product investing primarily in regional metropolitan office buildings, with additional holdings in retail, warehouses, and hotels. Most collected SCPI in 2023 with over €2.7 billion capitalisation and 400+ buildings in portfolio. Targeted at retail investors via CGP networks.
• SCPI Épargne Pierre Europe European diversification SCPI launched in 2023, investing in Euro zone countries outside France across office, healthcare, and commercial properties. Offers geographic and sector diversification. Capitalisation growing rapidly with €34M still to deploy entering 2024.
• SCPI Épargne Pierre Sophia SCPI launched in October 2024 focused on healthcare and life sciences real estate across Europe, with target yield of 5.5%. Participates in a sharing fund benefiting Institut Curie, linking financial performance to social impact.
• SCPI Immo Placement Historical SCPI managed by ATLAND Voisin with fixed capital since 1968. Invested two-thirds in offices and one-third in retail in French regional metropolitan areas. Classed in Top 10 for yield for several years.
• Fundimmo Real estate crowdfunding platform 60%-owned by ATLAND. Enables individual investors to participate in real estate development projects with average yields of 9.2-9.3% per annum, with tickets from approximately €1,000 and terms of 12-48 months. One of the top 5 French crowdfunding platforms.
• Les Maisons de Marianne Intergenerational and solidarity-based housing concept operating 35+ residences across France with mixed housing for seniors, young professionals, and single-parent families. Includes 'village' concept with 78 social housing units, 18 semi-collective houses, and 28 standing pavilions, housing nearly 6,000 residents.
• MyShareSCPI SCPI distributed via the MyShareCompany joint venture (AXA France's Drouot Estate and ATLAND Voisin), with diversified European portfolio including properties in France, Spain, and Netherlands. Reaches mass-affluent clients through AXA's insurance agent network.
• MyShareEducation First SCPI dedicated to education, teaching, and research real estate, launched by MyShareCompany in October 2023 with target minimum annual distribution rate of 4.50% net and €250M capitalization target over 5 years.
• Aedgis Private Real Estate Debt Platform Private real estate debt management company launched February 2025, authorized by AMF (GP-20250002). Specializes in financing European assets through funds and club-deals, targeting unit sizes between €5M and €25M per transaction for real estate operators and companies to support energy transition, territorial attractiveness, and city center revitalization.
• ATLAND IM (Investment Management) Investment Management subsidiary launched December 2024 dedicated to institutional investors in Europe. Provides sourcing, execution, and unregulated fund management services, with dedicated teams for institutional clients and an on-the-ground presence in Spain and Germany.
• Keys REIM Professional Real Estate Investment Management Real estate investment management services for professional private clients, acquired in June 2025. Brings €900M+ in AUM, 3,500+ professional clients with minimum investments exceeding €100,000 per product, and presence in six European countries plus a Luxembourg office. Strong expertise in hospitality sector.
• Atland Résidentiel Residential development division operating primarily in Ile-de-France. Annually produces 1,000-2,000 housing units through new construction and intergenerational housing programs. Includes the new housing and intergenerations programs.
• Atland Entreprises Commercial real estate development division focused on business parks, office buildings, and mixed-use developments. Notable project includes the Urban Valley campus at Tartres built for Engie, a 25,000 m² facility housing 250+ researchers.

Quantifiable outcome

• SCPI Épargne Pierre has delivered a TRI of 5.45% over 10 years with a consistent €10.98 dividend per share for five consecutive years (2020–2024)
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core, minor and major.

• STAM EuropecoreStrategic or Co-development Partner · 10 April 2025ATLAND completed the acquisition of 100% of STAM Europe's capital in September 2025, following the agreement signed in April 2025. STAM Europe is a real estate management and investment company that becomes a wholly-owned subsidiary of ATLAND Investment Management, expanding ATLAND's European footprint.
• Keys & CO (Keys REIM)coreStrategic or Co-development Partner · 7 April 2025ATLAND acquired 100% of Keys REIM from Keys & CO in June 2025. Keys REIM brought €900M in assets under management, 3,500 professional private clients, presence in six European countries, a Luxembourg office, and recognised hospitality sector expertise. The transaction took ATLAND past the €5 billion AUM threshold.
• AedgiscoreStrategic or Co-development Partner · 1 February 2025Aedgis is ATLAND's wholly-owned AMF-licensed management subsidiary (agrément GP-20250002) launched in February 2025 to originate and manage private real estate debt funds targeting €5M–€25M unit sizes for European assets. Led by Alexia Picot, it draws on ATLAND's real estate expertise to address the financing gap for mid-market property operators.
• Pavillon de l'ArsenalminorGTM or Marketing Partner · 1 January 2024ATLAND became a partner of the Pavillon de l'Arsenal, a living space dedicated to urban disciplines in Paris. The partnership enables ATLAND to engage with urban planners, architects, and city-shapers who influence the future of real estate development.
• Fundimmo (60% owned)coreStrategic or Co-development Partner · 1 July 2019ATLAND acquired 60% of Fundimmo in July 2019, the first time a listed property operator entered the crowdfunding space in France. Fundimmo operates as a standalone platform co-managed by founders Stéphane Bombon and Jérémie Benmoussa, enabling ATLAND to reach retail investors with smaller tickets (from €1,000) in development projects.
• MyShareCompany (AXA France / Drouot Estate JV)majorChannel Partner/ Reseller/ Distributor · 1 January 2019Joint venture between AXA France's Drouot Estate and Atland Voisin (each 50%), creating a portfolio management company distributing SCPI products through AXA's agent network. MyShareCompany was AMF-licensed in 2019 and has launched vehicles including MyShareSCPI and MyShareEducation, targeting mass-affluent French investors.
• Louvre MuseumminorGTM or Marketing PartnerATLAND renewed its cultural sponsorship partnership with the Musée du Louvre for four years (until 2026), contributing to the restoration and enhancement of the Jardin des Tuileries. This partnership reflects ATLAND's CSR commitment to culture and heritage as part of its broader patronage programme.

Scale indicators12 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Nexity: France's largest listed real estate developer, with a developer-services model and growing asset management activities. Comparable to ATLAND's Atland Résidentiel/Entreprises development pole and its broader vertical-integration thesis.
• Icade: Listed French real estate company combining healthcare/office property investment with development activities. Comparable to ATLAND in offering both asset management and property development under a listed vehicle, with overlap in healthcare real estate (vs. ATLAND's Épargne Pierre Sophia).
• Gecina: Leading French listed REIT focused on prime Paris offices and residential. Comparable to ATLAND's office-heavy SCPI vehicles and Foncière ATLAND investment property arm, both anchored in the French office market.
• Primonial REIM: One of France's largest SCPI and real estate fund managers, with broad retail and institutional distribution. Directly comparable to Atland Voisin's SCPI management business and a competitor in the CGP distribution channel.
• Perial Asset Management: French SCPI manager and asset manager with a multi-vehicle SCPI range. Direct competitor to Atland Voisin in the French retail SCPI market, with similar CGP-led distribution.
• Corum Asset Management: French SCPI manager with European-scope vehicles (notably Corum Origin and Corum XL). Direct competitor to ATLAND's Épargne Pierre Europe and Immo Placement, particularly in the cross-border SCPI segment.
• Altarea: French listed real estate group combining property development (residential, retail, office) and asset management/fund management through AltaREIM. Directly comparable to ATLAND as a multi-activity French listed operator spanning the development-to-management value chain.
• Sofidy: French SCPI manager and real estate asset manager serving retail and institutional clients. Direct competitor in the French SCPI market, with comparable retail distribution and a broader real estate investment range.
• Covivio: French/Italian listed REIT with offices, hotels and residential across Europe. Comparable to ATLAND's office-heavy SCPI Épargne Pierre and Keys REIM's hospitality expertise, with similar pan-European institutional positioning.

Broad incumbents

• Klépierre: Major European retail REIT listed in France. Less direct overlap with ATLAND's office/development focus, but a comparable French-listed real estate platform with institutional investor base and pan-European footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@immobilierpromotion4384
• LinkedInlinkedin.com/company/groupe-atland
• Instagraminstagram.com/groupe.atland/?hl=fr

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

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 Atland