What Theop does

Theop is a Paris-headquartered real estate project management firm founded in September 2012, providing Maîtrise d'Ouvrage Déléguée (MOD), Assistance à Maîtrise d'Ouvrage (AMO), pre-acquisition audit and consulting, real estate valorization, and off-plan (VEFA) monitoring services to investors and end-users. Its service offering spans the full project lifecycle — from conception and pre-acquisition due diligence through construction supervision to delivery — across diverse real estate typologies including offices, hotels, residential, senior living, industrial, logistics, data centers, retail, and educational facilities. The company has developed a proprietary Prix Maximum Garanti (PMG) guaranteed maximum price contracting framework, with more than 15 successful implementations, and holds ISO 9001 quality management certification since 2017.

Theop operates a multi-agency model in France (Paris, Lyon, Bordeaux, plus Hauts-de-France and Grand Ouest coverage) and has expanded internationally through a Brussels-owned agency (opened 2020) and a Barcelona agency in partnership with Albion Management (opened 2022). It also operates a wholly-owned hospitality-focused subsidiary, HPM, established in 2020. The customer base is concentrated among institutional investors, real estate investment managers, REITs, and corporate occupiers — including AXA, Goldman Sachs, BlackRock, Nuveen, AEW, Covivio, Prologis, Interxion/Equinix, Carrefour, Aviva Investor, Safran, and Honotel.

Revenue is generated through project-based professional services fees, negotiated per engagement and typically structured as multi-year contracts. Go-to-market is direct B2B sales targeting institutional investors, property developers, and corporate occupiers, supplemented by a project portfolio website, LinkedIn and Instagram presence, and industry event sponsorships. The firm is privately held, structured as a French SAS with share capital of €72,336, has no disclosed external funding rounds, and is not publicly listed.

Name

Theop

Legal name

THEOP PARIS

Website

https://theop.fr

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Theop is a Paris-based real estate project management firm providing AMO/MOD services, pre-acquisition audit, and a proprietary guaranteed maximum price contracting framework to institutional investors, REITs, and corporate occupiers across France, Belgium, and Spain.

Ownership category

akta.pro rank

Product category

Real Estate Project Management Services

NAICS

Engineering Services (54133)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Construction Engineering & Constructability Consulting (BPAHAIAN)

Keywords

• Real estate project management
• Construction consultancy
• Property development advisory
• Delegated project owner services
• Building rehabilitation management

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services - AMO/MOD Fees: Theop generates revenue through fees for Maîtrise d'Ouvrage Déléguée (MOD) and Assistance à Maîtrise d'Ouvrage (AMO) services on real estate development projects. Services include project management, consultancy, pre-acquisition audit, and construction monitoring.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Theop is a French real estate project management and consultancy firm that provides Maîtrise d'Ouvrage Déléguée (MOD) and Assistance à Maîtrise d'Ouvrage (AMO) services to institutional investors, property developers, and corporate occupiers. The company manages real estate development and rehabilitation projects end-to-end, from conception through delivery, across office, hotel, residential, industrial, and data center typologies. It also offers pre-acquisition audits, property valorization advisory, VEFA monitoring, and its proprietary Prix Maximum Garanti (PMG) guaranteed maximum price contracting framework.

Product overview

Theop is a real estate project management company offering a suite of services centered around Maîtrise d'Ouvrage Déléguée (MOD) and Assistance à Maîtrise d'Ouvrage (AMO). The company provides end-to-end project management for diverse real estate typologies including office buildings, hotels, commercial spaces, residential, data centers, industrial, and educational facilities. Their core offerings include delegated project management, advisory services, pre-acquisition audits, property valorization, VEFA follow-up, and the proprietary Prix Maximum Garanti (PMG) contractual framework. Theop operates across multiple French regions and internationally through partner agencies in Spain and Belgium.

Differentiator

Problem solved

Functional benefit

Products and services

• Maîtrise d'Ouvrage Déléguée (MOD) Delegated project management service in which Theop acts as the project owner representative, managing all aspects of real estate development from conception through delivery. Targeted at institutional investors, property developers, and corporate occupiers undertaking construction or rehabilitation projects.
• Assistance à Maîtrise d'Ouvrage (AMO) Project management assistance service providing advisory support to property owners throughout the project lifecycle. Targets investors and end-users seeking expert guidance on real estate development and renovation projects.
• Conseil / Audit avant acquisition Pre-acquisition consulting and audit services that evaluate real estate assets and investment opportunities. Designed for investors considering property acquisitions who need expert assessment prior to purchase.
• Valorisation Immobilière Real estate valorization services aimed at optimizing and enhancing property value for existing and new assets. Serves investors and property owners seeking to maximize the value of their real estate holdings.
• Suivi de VEFA Off-plan property (VEFA - Vente en État Futur d'Achèvement) monitoring and follow-up services for investors. Ensures delivery quality and contractual compliance during off-plan real estate purchases.
• Prix Maximum Garanti (PMG) Proprietary guaranteed maximum price contract framework developed by Theop that secures margins for both project owners and construction companies. Aims to protect interests of both sides while providing cost certainty, with 15+ successful implementations.

Quantifiable outcome

• 15+ Prix Maximum Garanti contracts delivered successfully

Named customers24 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

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Albion ManagementcoreStrategic or Co-development Partner · 20 September 2022Partnership with Albion Management for Theop's expansion into Spain. Albion is an AMO company present in Spain for over 15 years, bringing local expertise and project management references across all real estate product types.
• HPM (Subsidiary)coreOthers · 12 November 2020HPM is Theop's subsidiary specialized in hospitality. The subsidiary has expertise in hotel projects and supported the delivery of the Hyatt House and Hyatt Place complex at Roissy.
• Cycas HospitalityminorStrategic or Co-development Partner · 12 November 2020Cycas Hospitality is the operator of the Hyatt House and Hyatt Place hotel complex at Roissy delivered by Theop's subsidiary HPM.
• Kaufman & BroadminorChannel Partner/ Reseller/ Distributor · 12 November 2020Kaufman & Broad was the developer/builder of the Hyatt House and Hyatt Place complex at Roissy. Theop's subsidiary HPM provided project management services.

Scale indicators3 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Algoé: Algoé is an independent French consultancy offering AMO/MOD and project management for real estate, infrastructure, and energy — a directly comparable specialist in size and service scope to Theop, serving similar French institutional and corporate clients.
• Etyo: Etyo is a French independent consultancy specialized in sustainable real estate — pre-acquisition audit, AMO, and building certification (BREEAM, HQE, WELL) — directly comparable to Theop's AMO/audit/environmental certification offering for institutional investors.
• Girus (by Egis): Girus is a French AMO/MOD and real estate engineering specialist focused on complex building projects (offices, healthcare, education) — closely comparable to Theop in service model, scale, and customer profile.
• Crespy Consultants: Crespy is a French independent consultancy providing AMO/MOD and project management services to investors and occupiers, with a comparable focus on office rehabilitation and development in France.

Broad incumbents

• Artelia: Artelia is a French engineering and project management consultancy whose Building & Real Estate division delivers AMO/MOD-type services across office, residential, hotel, and data center projects — overlapping with Theop's typology breadth and French institutional client base.
• Cushman & Wakefield (Project & Development Services): Cushman & Wakefield's PDS line provides owner's project management and cost consultancy across Europe, competing with Theop for mandates from institutional investors (AXA IM, Nuveen, etc.) and corporate occupiers on rehabilitation and new-build projects in France and Benelux.
• Egis (Conseil & Project Management): Egis is a major French engineering group with a real estate project management and consultancy arm that competes with Theop on construction project oversight, AMO/MOD, and rehabilitation mandates for office, hospitality, and mixed-use assets in France and internationally.
• JLL France (Project & Development Services): JLL's Project & Development Services division delivers owner's representative and project management services for office, hotel, and mixed-use developments — directly overlapping with Theop's AMO/MOD offering, but at much greater scale and with global framework agreements that compete for the same institutional client mandates.
• AECOM (Construction Management, France): AECOM's construction management and program management practice in France serves institutional and corporate clients on complex real estate programs — competing with Theop for larger-scale, multi-stakeholder mandates including data center, office, and mixed-use rehabilitation.
• CBRE France (Project Management): CBRE's Project Management practice in France serves institutional investors and occupiers on office, retail, hospitality, and data center projects — the same buyer profile and asset classes as Theop, but with significantly deeper resources and integrated capital markets/advisory capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/theopconseils
• LinkedInlinkedin.com/company-beta/10067802
• Instagraminstagram.com/theop_conseil

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors2 records

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 Theop