What RATP Real Estate does

RATP Real Estate is a French real estate engineering and management firm that operates as a wholly-owned subsidiary of RATP Group, the state-owned Paris public transport operator. Founded in 1990 as SEDP and rebranded in 2019, the company delivers integrated building lifecycle services across eight core expertise areas: building audits and diagnostics, studies and programming, environmental and energy transition, legal and land advisory, project management execution (AMO/ATMO/MOD), facility management for tertiary, mixed, and industrial sites, turnkey office commercialization with hospitality management, and event space commercialization. It manages a portfolio of 110 buildings totaling 1.5 million m² and oversees approximately €300-400M in annual project budgets across 80 active engagements.

The company generates revenue through professional services fees on long-cycle infrastructure and building projects for both public and private clients, supplemented by recurring managed services for facility management and subscription/recurring revenue from its Urban Station coworking and event space brand. Its customer base is anchored by public sector clients—notably Région Île-de-France on its €6.6B lycée program, Ville de Paris across 300,000+ m², and Île-de-France Mobilités—with growing exposure to transport operators, healthcare institutions, industrial sites (including via subsidiary RATP Solutions Industrielles established in 2024), and private enterprises such as Orange and TV5MONDE. In 2025, the company reported revenue of €103M, up 10% from €92M in 2024, with approximately 207 collaborators.

The firm differentiates through a dual AMO/Exploitant positioning that provides end-to-end coverage from initial audit through ongoing exploitation, supported by 9 OPQIBI qualifications, ISO 9001:2015 and ISO 20121 certifications, and 30+ years of institutional heritage developed within RATP Group. It operates two wholly-owned subsidiaries—Urban Station (turnkey workspaces and event venues across 110,000+ m², launched 2019) and RATP Solutions Industrielles (industrial facility management, established 2024)—and has extended services internationally through technical assistance for the Riyadh Metro via a RATP Dev joint venture.

Name

RATP Real Estate

Legal name

RATP Real Estate SAS

Website

https://ratprealestate.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

RATP Real Estate is a French B2B real estate engineering and management firm, subsidiary of state-owned RATP Group, delivering integrated building lifecycle services across audits, project management, facility management, energy transition, and turnkey workspaces to public and private clients in France.

Ownership category

akta.pro rank

Product category

Real Estate Engineering and Facility Management

NAICS

Nonresidential Property Managers (531312), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB)

Keywords

• Real estate engineering
• Facility management services
• Project management advisory
• Energy transition consulting
• Property management

Headquarters

HQ city

Fontenay-sous-bois

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. AMO/ATMO Services: Project management assistance and technical advisory services for construction, renovation, and rehabilitation projects. Revenue generated through consulting fees on major infrastructure and building projects.
2. MOD (Maîtrise d'Ouvrage Déléguée): Delegated project ownership services where RATP Real Estate assumes full responsibility for projects on behalf of clients, managing budgets of €300M per year
3. Facility Management: Ongoing building management services for 110 buildings totaling 1.5M m², including maintenance, cleaning, technical services, and optimization of €45M annual budgets
4. Urban Station Operated Workspaces: Turnkey office spaces and event venues operated under Urban Station brand, generating rental and hospitality management revenue across 8 workspaces and 30+ years of event site exploitation

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

RATP Real Estate is a real estate engineering and management company providing AMO (Assistance à Maîtrise d'Ouvrage), MOD (Maîtrise d'Ouvrage Déléguée), and facility management services across the full building lifecycle. The company manages a portfolio of 1.5 million m² across 110 buildings and delivers eight integrated service lines: building audits and diagnostics, studies and programming, environmental and energy transition, legal/land advisory, project management, facility management for tertiary/mixed/industrial sites, turnkey office commercialization with hospitality management, and event space commercialization.

Product overview

RATP Real Estate is a diversified real estate engineering and management company operating as an AMO (Assistance to Owner)/Exploitant with a unique positioning across the entire building lifecycle. The company offers eight core service offerings: Building Audit & Diagnostics, Studies & Programming, Environmental & Energy Transition, Legal/Land Advisory, Project Management & Execution, Site Management (Facility Management), Turnkey Office Commercialization & Hospitality Management, and Event Spaces Commercialization. The portfolio is organized around a multi-service platform approach where expertise spans from initial audit through programming, execution, and ongoing exploitation. Two key sub-brands extend the offering: Urban Station (operated workspaces and event venues, 110,000+ m²) and RATP Solutions Industrielles (industrial site management). The company manages a diversified portfolio of 1.5 million m² across industrial, tertiary, and public buildings, serving both RATP Group and external public/private clients.

Differentiator

Problem solved

Functional benefit

Brands

• Urban Station: Operates turnkey workspaces, coworking spaces, and event venues in Paris and Île-de-France
• RATP Solutions Industrielles

Products and services

• Audit et diagnostics bâtimentaires (Building Audit and Diagnostics) Comprehensive building audits providing detailed technical analysis, regulatory compliance assessment, and asset management strategy through expert engineering services covering pathology, prevention, and fire safety coordination (CSSI) for public and private clients.
• Études & programmation (Studies & Programming) Feasibility studies, capacity analysis, and programming services for real estate projects, including pre-programming, functional programming, detailed technical programming, and space planning with 3D visualization, for public and private sector clients.
• Transition environnementale & énergétique (Environmental & Energy Transition) Energy performance and environmental transition services including energy audits, decarbonation strategies, Décret Tertiaire compliance, BACS systems, performance commissioning, and energy management for building portfolios.
• Conseil juridique, foncier et contractuel (Legal, Land & Contractual Advisory) Legal and land advisory services covering land analysis, acquisition procedures (friendly or expropriation), contractual structuring, contract management, and regulatory compliance for real estate operations, with a 70% amicable agreements rate.
• Conduite d'opération & Gestion de projet (Project Management & Execution) Project management services delivered as AMO (Assistance to Owner), ATMO (Technical Assistance), or MOD (Delegated Owner) for complex construction and renovation projects, managing €300M annual budgets and 550 major maintenance work lines per year.
• Gestion de sites tertiaires, mixtes et industriels (Tertiary, Mixed & Industrial Site Management) Facility management services for tertiary, mixed-use, and industrial sites including multi-technical maintenance, cleaning, security, eco-management, and operational continuity for 24/7 sensitive environments, managing 500,000 m² of tertiary and 1M m² of industrial assets.
• Commercialisation de bureaux clefs-en-mains & hospitality management (Turnkey Office Commercialization & Hospitality Management) Turnkey office solutions and hospitality management including workspace design, operational management, concierge services, event animation, digital workplace tools, and community management.
• Commercialisation d'espaces évènementiels et de réunions (Event Spaces & Meeting Rooms Commercialization) Event venues and meeting spaces management including reception areas, amphitheaters, rooftops, meeting centers with commercial strategy, operational management, and responsible event organization aligned with ISO 20121 certification.
• Urban Station (Subsidiary Brand) Wholly-owned subsidiary brand operating turnkey workspaces, coworking spaces, and event venues across 110,000+ m² in Paris and Île-de-France, offering hospitality management and managed office services across 8 workspaces.
• RATP Solutions Industrielles (Subsidiary Brand) Wholly-owned subsidiary specializing in industrial site management and maintenance, providing turnkey building management for industrial environments including ICPE compliance, 24/7 operations, and technical maintenance for transport depots, datacenters, and production facilities.

Quantifiable outcome

• Revenue growth: 10x increase in 10 years, from ~10M€ to 103M€ in 2025
• +4 more outcomes

Named customers10 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

Feature4 records

Partnerships

Five partnerships are on record, tiered core, strategic and key account.

• RATP Group (Parent Company)coreStrategic or Co-development PartnerRATP Real Estate is a subsidiary of RATP Group, leveraging 30+ years of expertise developed managing the group's 1.5M m² property portfolio. The parent company provides operational context and validates methodologies through internal application before external deployment.
• Urban StationcoreStrategic or Co-development PartnerSubsidiary brand specializing in turnkey workspace and event space management. Operates 110,000+ m² across 8 workspaces in Paris and Île-de-France, providing hospitality management and coworking services.
• RATP Solutions IndustriellescoreStrategic or Co-development PartnerSubsidiary specialized in industrial site management and maintenance, leveraging expertise from RATP Group's transport infrastructure operations for external industrial clients.
• Capital Metro Company (RATP Dev + Saudi Public Transport Company Joint Venture)strategicStrategic or Co-development PartnerJoint venture between RATP Dev and Saudi Public Transport Company awarded operation and maintenance of Riyadh Metro Lines 1 and 2. RATP Real Estate provides technical assistance for facility management and operational support.
• EPAURIF (Établissement Public d'Aménagement Universitaire de la Région Île-de-France)key accountImplementation/ SI/ Consulting PartnerPublic university development agency for Île-de-France. RATP Real Estate provides programming and project management services for university building modernization projects.

Scale indicators17 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Egis: French engineering group operating across transport, buildings, energy, and urban development with strong AMO and project management capabilities. Closely comparable as a French-headquartered multidisciplinary engineering firm with overlapping public sector client base.
• BNP Paribas Real Estate: Major French real estate services firm offering property management, advisory, and transaction services. Comparable as a property management and real estate services provider to institutional and corporate clients in France.
• Bureau Veritas: Global TIC leader with strong French presence in building inspection, energy audits, and compliance services. Comparable as a certification/audit/energy services provider for real estate portfolios.
• SOCOTEC: Major French TIC (Testing, Inspection, Certification) and construction advisory firm. Comparable as a building audit, diagnostics, and regulatory compliance services provider serving similar public/private clients.
• Artelia: Major French engineering and project management consultancy with strong presence in building, infrastructure, and energy transition projects. Directly comparable as a multidisciplinary AMO/engineering firm serving public and private sector clients in France.
• Systra: French engineering group specializing in transport infrastructure with extensive AMO and project management capabilities. Comparable given RATP Real Estate's deep transport infrastructure expertise and shared RATP ecosystem relationships.

Direct peers

• Ingérop: French independent engineering firm specialized in building, infrastructure, water, and energy transition projects with AMO and project management services. Closely comparable as a French engineering consultancy providing similar multidisciplinary services to public and private clients.
• Alterea: French engineering consultancy specializing in energy renovation, decarbonation, and building performance. Comparable as a specialist French firm providing energy transition, audit, and AMO services to public and private real estate clients.
• Wojo: French coworking and flexible workspace operator with significant presence in Paris and major French cities. Comparable as a turnkey workspace operator serving enterprise clients, directly overlapping with Urban Station.
• Elan (Edeis): French engineering and operations firm with building, infrastructure, and transport expertise. Comparable as a multidisciplinary French firm offering AMO and facility management services with public sector exposure.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ratp-real-estate

Compliance21 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 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 RATP Real Estate