Sedre

What Sedre does

Sedre (Société d'Équipement du Département de la Réunion) is a mixed-economy company (Société d'Économie Mixte, or SEM) founded in 1968 and headquartered in Saint-Denis, La Réunion, France. It operates as the historical urban developer and social housing landlord of La Réunion, with 4,447 housing units completed and under management as of 31 December 2022, and a portfolio of named ZAC (zone d'aménagement concerté) developments including ZAC Renaissance 3, ZAC Moulin Joli, ZAC Triangle de l'Oasis, and the PRU Saint-Paul urban renewal program. The company's core offering is organized across four business lines: land action (action foncière), urban planning (aménagement), construction management, and rental management (gestion locative) of social housing stock under French regulatory categories (LLS, LLTS, PLS, LLI).

Sedre generates revenue through three primary streams: recurring rental income from its social housing portfolio, one-off sales of residential land plots and apartments (e.g., Résidence QUADRANT, Lotissements OLIVINE and MANTALY starting at €155,204), and professional-services contracts won through French public procurement for urban renewal, construction works, and development projects on behalf of municipalities and public bodies — a pipeline disclosed at €172.9M HT across 193 markets for 2026–2027. Its shareholder base combines public and private capital: Action Logement Immobilier (reference shareholder since 2020), Caisse des Dépôts et Consignations, the Région Réunion, the Département, and four municipalities (Saint-Paul, Saint-Denis, Saint-Pierre, Le Port) together with the Chambre d'Agriculture. The board has 16 members, with 10 seats allocated to local-government representatives and governance structured under the 1946 overseas-department law and the 1966 French commercial law. Distribution is conducted through two physical offices (Saint-Denis headquarters, Saint-Paul western agency), the sedre.fr website for property listings and tenant services, the marches-publics.info procurement platform, and dedicated calls for projects for specific development lots.

Customers are split between institutional public-sector clients (municipalities, regional and departmental authorities) for project commissions and individual end-users — social housing tenants for recurring rental, and private buyers for land plots and apartments. The SEM status legally restricts competition on certain public contracts and creates a hybrid public-mandate/private-execution model. Emmanuel SERAPHIN has served as Président since August 2020 (also Mayor of Saint-Paul), and Philippe LAPIERRE serves as Directeur Général. No AI/ML, no external funding rounds, and no material M&A activity are disclosed.

Name

Sedre

Legal name

Société d'Équipement du Département de la Réunion

Website

https://sedre.fr

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

51–100 employees

Short description

Sedre is a mixed-economy company (SEM) founded in 1968 on La Réunion, France, that develops urban projects and manages approximately 4,447 social housing units for public-sector clients and individual tenants across four business lines: land action, urban planning, construction, and rental management.

Ownership category

akta.pro rank

Headquarters

HQ city

Saint-Denis

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Social Housing Rental: Rental management of social housing units (LLS, LLTS, PLS, LLI) including tenant relations, property maintenance, and housing attribution
2. Property Development Sales: Sale of residential and commercial properties including land plots, apartments, and commercial spaces
3. Public Procurement: Public contracts for urban renewal projects, construction works, and development projects for government entities. The company reported 172.9 M€ HT for 193 markets in 2026-2027 forecast

Pricing tiers

Distribution channels4 records

Marketing channels6 records

Core offering

Sedre is a mixed-economy company (Société d'Économie Mixte) based in Saint-Denis, La Réunion, that operates across four core business lines: land development (action foncière), urban planning (aménagement), construction, and rental management (gestion locative). It carries out urban renewal operations, business-park developments, healthcare real-estate projects, and residential programs for social and intermediate housing, and holds 4,447 completed and managed housing units as of 31 December 2022. Its shareholders include the Département de La Réunion, Région Réunion, Action Logement Immobilier (reference shareholder since 2020), Caisse des Dépôts, and the communes of Saint-Paul, Saint-Denis, Saint-Pierre, and Le Port.

Product overview

Sedre (Société d'Équipement du Département de la Réunion) is a mixed-economy company (SEM) operating as a historical real estate developer and urban planner on La Réunion island since 1968. The company offers a portfolio of residential, commercial, and tertiary products through four core business lines: land development (action foncière), urban planning (aménagement), construction management, and social housing management (gestion locative). The product portfolio includes residential apartment projects (QUADRANT), commercial concepts (LATANIA), office buildings (PRISM, POLE DE SANTE LES EUCALYPTUS), residential land plots (OLIVINE/MANTALY), and major urban development zones (ZAC Renaissance 3, ZAC Moulin Joli, PRU Saint-Paul). The company also operates as a social landlord managing approximately 4,447 housing units.

Differentiator

Problem solved

Functional benefit

Products and services

• Action foncière (Land Development)

Quantifiable outcome

• 4,447 housing units managed as of end 2022
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

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

• SHLMR (Société HLM de La Réunion)majorStrategic or Co-development Partner · 4 March 2026SHLMR organized the 2026 Economic Encounters event where both SHLMR and SEDRE participated, exchanging around 200 companies about upcoming markets in social housing, development, and rehabilitation. Both are major social housing providers in La Réunion.
• Région RéunioncoreStrategic or Co-development PartnerMajor regional collectivity shareholder providing strategic direction and funding for territorial development projects.
• Département de la RéunioncoreStrategic or Co-development PartnerDepartmental collectivity shareholder supporting regional development initiatives.
• Commune de Saint-PaulcoreStrategic or Co-development PartnerMajor municipal shareholder and key partner for urban renewal projects including PRU Saint-Paul and ZAC Renaissance 3. Emmanuel SERAPHIN serves as both SEDRE President and Mayor of Saint-Paul.
• Commune de Saint-DeniscoreStrategic or Co-development PartnerMunicipal shareholder hosting SEDRE headquarters, partner in regional development initiatives.
• Commune du PortcoreStrategic or Co-development PartnerMunicipal shareholder collaborating on development projects including ZAC Triangle de l'Oasis.
• Commune de Saint-PierrecoreStrategic or Co-development PartnerMunicipal shareholder contributing to regional development across southern La Réunion.
• Chambre d'AgricultureminorStrategic or Co-development PartnerAgricultural chamber shareholder representing farming interests in regional development planning.
• Collectif 'Protège nout savane'minorOthersCommunity group that filed legal action seeking suspension of ZAC Renaissance 3 works. Action was rejected by administrative tribunal in May 2025.

Scale indicators7 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Vilogia: Major northern-France social housing operator managing over 80,000 units. Comparable in social housing rental management, residential construction, and urban renewal activities.
• NEXITY: France's largest private real estate developer, active in residential development, serviced housing, and urban regeneration. Overlaps with SEDRE on property development, commercial space, and urban planning projects in La Réunion.
• Erilia: Social housing operator (bailleur social) managing over 80,000 units across southeastern France. Comparable rental management portfolio and public-private governance structure.
• Bouygues Immobilier: Major French property developer active in residential and commercial real estate. Comparable in property development (QUADRANT-style residential projects, commercial concepts like LATANIA) and urban regeneration.
• CDC Habitat: Subsidiary of Caisse des Dépôts (itself a SEDRE shareholder). France's largest social housing operator, providing national scale, comparable rental management, and direct competitive overlap in tendered public development work.
• ICF Habitat: SNCF group's social housing subsidiary operating rental management and construction of social housing units across France. Comparable business model to SEDRE's gestion locative and construction pillars.
• 3F (Groupe Action Logement): Action Logement subsidiary and one of France's largest social housing operators. Relevant because Action Logement Immobilier is SEDRE's reference shareholder, creating direct overlap in governance and strategic alignment.

Direct peers

• Logirem: SEM-style social housing operator in southern France, similarly combining social landlord activity with development and urban renewal. Directly comparable in size, mission, and mixed public-private governance.
• SHLMR (Société HLM de La Réunion): The dominant social housing landlord on La Réunion. Co-participated with SEDRE in the 2026 Economic Encounters event and operates in the same bailleur social and social housing construction segments across the island.
• Soderev (SEMCODA): French SEM focused on real estate development and social housing, similar mixed public-private structure, scope of urban planning and rental management activities, and SEM governance model.

Market position

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sedre

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Sedre