Constructa Group

What Constructa Group does

Constructa Group is a Paris-headquartered, family-owned integrated real estate services platform founded in 1964, operating across France through four complementary subsidiaries: Constructa Les Éditeurs Urbains (real estate development for residential, tertiary, and hotel programs), Constructa 1964 (new-build housing commercialization and delegated sales), Constructa Asset Management (investment advisory, asset management, and property management for institutional investors), and Victoires Haussmann SGP (AMF-authorized fund management of alternative real estate vehicles). The Group is headquartered at 134 Boulevard Haussmann in Paris and operates regional offices in Marseille, Lyon, Annecy, and Cannes, with a workforce in the 101-250 range. Its portfolio spans social and luxury residential, tertiary offices, hotels, coliving, and large urban renewal operations, with flagship developments including Tour La Marseillaise by Jean Nouvel, the M99 tower in Marseille, the Carlton Cannes hotel, and the Oh Baby hotel in Saint-Ouen-sur-Seine.

The firm's economic engine combines project-based development revenue, recurring asset management fees on €1B+ of AUM at Victoires Haussmann SGP, commercialization fees on new housing sales, and property management fees on a 100+ tenant tertiary portfolio. The customer base is diversified across more than 30 institutional and international investors (including BlackRock, HSBC, AXA IM, Amundi, Qatar Investment Authority, Tikehau Capital, Columbia Threadneedle, La Française, CARAC, Banque des Territoires) as well as individual home buyers, social housing operators (Vilogia, Erilia, FAC HABITAT), and corporate tenants (Pernod Ricard France). GTM is enterprise and relationship-driven, with project-specific negotiated pricing and multi-year mandates; the Group employs industrialized off-site prefabrication (notably at M99 via Groupe Rampa) and integrates third-party proptech (Yardi, PlanRadar, Bazimo, CreditSafe) into its asset and property management stack. ESG is institutionalized through ISR-labeled funds, UN PRI signatory status, and "Entreprise à Mission" designation.

In March 2024, Caisse d'Epargne CEPAC became a capital partner, marking the first external institutional investment in the Group's history and supporting expansion in the PACA region. Constructa operates with a vertical segmentation approach, targeting property developers and promoters as its primary segment, followed by institutional investors and family offices, tertiary property owners, professional fund investors, and individual property buyers. The Group reorganized around its four-brand structure in 2021, launched an internal AI cell (CONSTRUCT'IA) in February 2024, and is led by third-generation family principal Jean-Baptiste Pietri as Président du Groupe.

Name

Constructa Group

Legal name

Constructa SA

Website

https://groupe-constructa.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

101–250 employees

Short description

Constructa Group is a Paris-based, family-owned integrated real estate services platform founded in 1964, operating across France through four subsidiaries spanning development, commercialization, asset management, and AMF-authorized fund management, serving institutional investors, developers, and individual buyers.

Ownership category

akta.pro rank

Product category

Real Estate Services

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (23611), Commercial and Institutional Building Construction (236220)

SIC

Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Real estate development
• Property management services
• Asset management
• Real estate investment funds
• Property commercialization

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development (Promotion Immobilière): Constructa-Les Éditeurs Urbains develops residential, tertiary, and hotel real estate programs, from primo-accession to ultra-luxury segments, generating revenue through property sales.
2. Commercialization (Constructa 1964): Historical business line providing new housing sales services to property developers, accompanying clients from study phase through conception, commercial launch preparation, to authentic act signatures. Revenue generated through commercialization fees.
3. Asset Management: Constructa Asset Management provides investment, asset management, and property management services covering the full value creation chain for tertiary real estate portfolios. Services include investment advisory, asset management, property management, and AMO & MOD services. Revenue from management fees and transaction fees.
4. Investment Fund Management (Victoires Haussmann SGP): Société de gestion managing alternative real estate investment funds reserved for professional and informed investors. Revenue from fund management fees and performance fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

Constructa Group is an integrated real estate services platform covering the full property value chain. Through its four subsidiaries, it provides real estate development (residential, hotel, tertiary, mixed-use), new-build housing commercialization, investment and property management services, and alternative real estate investment fund management for professional investors. The group manages over €1 billion in assets and develops landmark urban projects across France.

Product overview

Constructa Group operates as an integrated real estate services platform with four complementary subsidiaries. The platform spans the full real estate value chain: Constructa Les Éditeurs Urbains handles real estate development and project management for residential, hotel, and mixed-use projects; Constructa 1964 provides new build property sales and marketing delegation services for developer clients; Constructa Asset Management delivers investment advisory, asset management, and property management for institutional investors; and Victoires Haussmann SGP manages alternative real estate investment funds for professional investors. The Group was founded in 1964 and manages €2 billion in assets under management.

Differentiator

Problem solved

Functional benefit

Brands

• Propria: Brand dedicated to first-time home buyers (primo-accession), created in 2000.
• Private Services
• Constructa Urban Systems
• CONSTRUCT'IA

Products and services

• Constructa Les Éditeurs Urbains (Real Estate Development) Real estate development subsidiary specializing in residential, tertiary, and hotel projects across all market segments from first-time buyers to ultra-luxury. Focuses on architectural quality and large-scale urban renewal operations.
• Constructa 1964 (Commercialization) New-build housing sales and marketing delegation subsidiary providing comprehensive sales services for property developers from study phase through conception, commercial launch preparation, to authentic deed signatures.
• Constructa Asset Management Investment and property management services covering the full value creation chain: investment advisory, asset management, property management, and AMO/MOD services for institutional investors and tertiary real estate portfolios.
• Victoires Haussmann SGP (Investment Fund Management) AMF-licensed management company offering responsible real estate investment solutions including tailored solutions and alternative funds (such as OPPCI Génération 2 with ISR label) reserved for professional and informed investors.
• Propria Brand dedicated to first-time home buyers (primo-accession segment), offering accessible new-build housing.
• Constructa Urban Systems Urban planning and development subsidiary supporting large-scale urban projects and territorial transformation initiatives.
• Private Services Private investment consulting services for individual private investors seeking real estate investment opportunities.

Quantifiable outcome

• €1 billion+ in assets under management
• +6 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

17 partnerships are on record, tiered core and minor.

• Groupe LegendrecoreImplementation/ SI/ Consulting Partner · 25 June 2026Construction partner for M99 project. Groupe Legendre is a family-owned construction group sharing Constructa's values of excellence, expertise, and commitment to promises. Legendre is handling the construction of the 99-meter tower in Marseille as general contractor.
• Groupe RampacoreTechnology or Integration · 25 June 2026Off-site prefabrication partner for M99 facade elements. Groupe Rampa manufactures approximately 600 facade elements in their Ardèche facility using an industrialized process that guarantees homogeneous execution quality and great precision, while contributing to timeline rationalization, operational securization, and reduction of construction risks.
• ATREAMcoreStrategic or Co-development Partner · 18 November 2025Club deal structurer for Oh Baby hotel project at Saint-Ouen-sur-Seine, alongside CARAC and Banque des Territoires. ATREAM coordinated the investment consortium for the 197-room lifestyle eco-friendly hotel project
• DoubleTree by HiltoncoreStrategic or Co-development Partner · 14 May 2025Hotel operator for M99 project, providing international hospitality brand standards for the 130-room hotel component
• MAGORA (ex-Odalys Groupe, Groupe Duval)coreStrategic or Co-development Partner · 14 May 2025Hotel investor and operator partner for M99 hotel component, acquired by the investor consortium and operating under DoubleTree by Hilton brand
• FAC HABITATcoreStrategic or Co-development PartnerSocial student housing operator for M99 residence, managing 96 student housing units certified BEE/BEE+
• PietriArchitectescoreStrategic or Co-development PartnerArchitectural design partner for M99 project and various Constructa projects including Tour La Marseillaise and Les Jetées. Led by Jean-Baptiste Pietri, President of Constructa Group
• SOGEPROMcoreStrategic or Co-development PartnerCo-development partner for Le HUB project in Annemasse, working alongside Constructa for the eco-district development
• UrbanEra (Bouygues Immobilier)coreStrategic or Co-development PartnerUrban development partner and co-operator for Le HUB project in Annemasse ecoquartier
• VERA & ASSOCIES ARCHITECTEScoreStrategic or Co-development PartnerArchitectural design partner for Le HUB project, designing three residences (Hambourg, Upsala, Barcelona) in the Écoquartier de l'Étoile
• Triptyque ArchitecturecoreStrategic or Co-development PartnerArchitectural design partner for Oh Baby hotel project at Saint-Ouen-sur-Seine, creating a 9-floor building with rooftop
• S3D-SPADcoreStrategic or Co-development PartnerUrban developer/amenager for Les Folies Vertes project in Dunkerque, selected Constructa through a project call for tenders for their architectural strength and sensitive understanding of the site
• UrbicusminorStrategic or Co-development PartnerLandscape architecture partner for Les Folies Vertes project, contributing to the design of outdoor spaces
• ColoniescoreStrategic or Co-development PartnerColiving operator for Vatea residence at Les Jetées, Huningue, providing flexible housing and shared services for students, young professionals, and cross-border workers
• Nicolas Laisné ArchitectescoreStrategic or Co-development PartnerArchitectural design partner for Vatea coliving residence, creating spectacular architecture that fits the vision for riverside living
• Urban Dumez (Vinci Construction France)coreImplementation/ SI/ Consulting PartnerConstruction contractor for Vatea residence at Les Jetées, Huningue
• ThassaliacoreTechnology or IntegrationGeothermal energy provider for M99 project, providing the largest marine geothermal network in France, enabling 70% reduction in greenhouse gas emissions

Scale indicators6 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Nexity: France's largest integrated real estate developer with developer, services, and asset management arms. Closest comparable to Constructa in combining residential development with commercialization and advisory services for institutional clients.
• Altarea: French mixed-use real estate developer with both a developer business and an asset management arm (Altarea IM). Highly comparable integrated platform model serving institutional clients with French real estate exposure.
• Kaufman & Broad: French homebuilder focused on new residential development across primo-accession, multi-family, and managed residences. Direct competitor in the French residential development segment where Constructa Les Éditeurs Urbains operates.
• Icade: French REIT and developer combining healthcare/office property development with asset management services. Comparable dual developer-plus-AM structure serving institutional clients in the French real estate market.

Emerging players

• Primonial REIM: French real estate asset manager with SCPI/OPCI fund structures serving institutional and individual investors. Directly comparable to Victoires Haussmann SGP's ISR-labeled fund offerings and institutional mandate business.
• Perial Asset Management: French real estate asset manager with SCPI, OPPCI, and club-deal vehicles serving institutional investors. Comparable in size and product mix to Constructa Asset Management and Victoires Haussmann SGP.
• Tikehau Capital: Alternative asset manager with growing real estate franchise alongside private equity and private debt. Existing Constructa Asset Management client and competitor for institutional real estate mandates.

Broad incumbents

• Bouygues Immobilier: Real estate arm of Bouygues group, one of France's largest residential and commercial developers. Competes with Constructa in large-scale urban development projects across French metropolitan areas.
• Vinci Immobilier: Real estate developer arm of Vinci Construction, a major French residential and mixed-use developer. Competes with Constructa on flagship urban renewal and mixed-use projects, often partnering or co-developing with Constructa (e.g., Les HUB Annemasse).
• Gecina: French listed REIT focused on prime office, residential, and student housing real estate. Competes with Constructa Asset Management for institutional mandates in Paris prime real estate, particularly the Champs-Élysées trophy assets in Constructa's portfolio.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/constructa_sa
• Facebookfacebook.com/GroupeConstructa
• LinkedInlinkedin.com/company/constructa-asset-management
• Instagraminstagram.com/groupeconstructa
• Pinterestfr.pinterest.com/groupeconstructa

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 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 Constructa Group