Bulliard Immobilie

What Bulliard Immobilie does

Bulliard Immobilier is a family-owned Swiss real estate services firm founded in the early 1950s by Louis Bulliard, headquartered in Granges-Paccot in the Canton of Fribourg and now in transition to its third family generation. The company serves individual buyers, sellers, landlords, tenants, and condominium associations (PPE/STWE) across the Fribourg canton through four service lines: brokerage (Courtage), property management (Gérance), condominium administration (PPE/STWE), and development (Développement). As of the most recent disclosures, the firm manages 5,481 properties, closes approximately 100 sales per year, administers 72 condominium buildings comprising around 600 apartments and 1,000 parking spaces, and has built or renovated more than 1,500 apartments/villas over its 70+ year history, with a staff of 40+ employees across three physical offices (Granges-Paccot HQ, Düdingen since 2019, and Bulle since January 2025) operating bilingually in French and German.

The firm's underlying technology and operating model rely on the Immomig® real estate SaaS platform for back-office workflows, on hedonistic/statistical valuation methods for pricing more than 1,000 property valuations, and since June 2024 on Flatfox-powered Digital Tenant Services for tenant interactions; the firm also maintains a dedicated administrative team that handles cross-border permits and administrative formalities for French-speaking Swiss residents working across the border. No AI/ML capabilities, proprietary models, or research-led data products are disclosed; technology serves an operational rather than differentiation role.

Bulliard Immobilier's business model combines recurring contracted revenue from property management and PPE/STWE mandates with transactional commission revenue from brokerage and project-based development fees. Pricing is anchored to Swiss-market-conventional percentages of gross rental income (Gérance, typically 4-7%), per-unit administration fees (PPE/STWE), and sale-price commissions in brokerage (typically 3-5%). The 5,481-unit management book and 72-building condominium portfolio provide a stable contracted-revenue base, while the ~100 annual transactions and selected development mandates (notably the September 2024 Bluefactory Perimeter C partnership with Urban Project SA) drive variable upside. Customer relationships are highly fragmented across individual consumers and small condominium associations, with no disclosed large-enterprise or single-customer concentration.

Name

Bulliard Immobilie

Legal name

Bulliard Immobilier SA

Website

https://bulliard.ch

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

11–50 employees

Short description

Bulliard Immobilier is a family-owned Swiss real estate services firm in Canton of Fribourg offering brokerage, property management, condominium administration, and development. Founded in the 1950s, it manages 5,481 properties and 72 condominium buildings, serving individual buyers, sellers, landlords, tenants, and PPE associations.

Ownership category

akta.pro rank

Headquarters

HQ city

Granges

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Brokerage/Commission: Commission-based fees on property sales transactions, intermediary services for buying and selling real estate
2. Property Management (Gérance): Ongoing management fees for rental properties, approximately 5481 objects under management
3. Condominium Management (STWE/PPE): Management fees for condominium associations, 72 buildings representing approximately 600 apartments and 1000 parking spaces
4. Property Development: Revenue from development projects including new construction and renovations
5. Property Valuation Services: Free online valuations and paid detailed expert reports for property assessments

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Bulliard Immobilier is a full-service Swiss real estate agency offering brokerage (courtage), rental property management (gérance), condominium management (PPE/STWE), and property development (new construction and renovation) across the Canton of Fribourg. The firm also provides online property valuations, a client portal (E-Bulliard), and digital tenant services including online lease termination and damage reporting via Flatfox integration.

Product overview

Bulliard Immobilie is a Swiss real estate company offering an integrated portfolio of property services centered around four core offerings: brokerage (courtage), property management (gérance), condominium administration (PPE), and development (développement). The company also provides supplementary services including online property valuation tools, digital tenant services (damage reporting and lease termination via Flatfox), a client portal (E-Bulliard), and interior architecture. The services are delivered through multiple locations in the Fribourg canton (Granges-Paccot headquarters, Düdingen, and Bulle) to residential and commercial clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Courtage (Brokerage) Real estate brokerage services including buying, selling, and marketing of residential and commercial properties across the Fribourg canton region. Targets individual buyers and sellers, with the firm earning commission on completed transactions.
• Gérance (Rental Property Management) Ongoing rental property management services handling tenant relations, rent collection, maintenance coordination, and property administration for residential and commercial buildings. Approximately 5,481 properties currently under management.
• PPE (Condominium Management / Stockwerkeigentumverwaltung) Condominium ownership administration services including managing building maintenance, organizing owner meetings, financial management, reserve fund administration, and coordinating repairs and improvements for shared properties. Currently manages 72 condominium buildings (~600 apartments, 1,000 parking spaces).
• Développement (Property Development)

Quantifiable outcome

• 5481 properties under management
• +3 more outcomes

Named customers5 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

Integration2 records

Feature4 records

Partnerships

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

• Yves Guillet Immobilier SAmajorChannel Partner/ Reseller/ Distributor · 15 November 2024Partnership in Bulle location opening January 1, 2025. Both agencies share infrastructure and develop activities together while maintaining independence and existing customer bases. Combined services include development, brokerage, rental and condominium management, and investment property intermediation.
• Urban Project SAcoreStrategic or Co-development Partner · 26 September 2024Joint partnership for development of Perimeter C of bluefactory in Fribourg, covering nearly 8,000 m² with goal of sustainable regional development including mixed-use buildings and apartments
• CCHE (with Daniel Grosso)coreStrategic or Co-development Partner · 26 September 2024Architectural firm partnership for bluefactory Perimeter C development project
• Immobilis Consulting SA (with Gregory Buchs)majorImplementation/ SI/ Consulting Partner · 26 September 2024Consulting partner for bluefactory Perimeter C development project
• Xavier JeanneretcoreStrategic or Co-development Partner · 26 September 2024Partner in bluefactory Perimeter C development project
• Jean-Bernard BuchscoreStrategic or Co-development Partner · 26 September 2024Partner in bluefactory Perimeter C development project
• Lucas VerhelstcoreStrategic or Co-development Partner · 26 September 2024Partner in bluefactory Perimeter C development project
• ImmoScout24minorChannel Partner/ Reseller/ DistributorMajor Swiss property portal for listing distribution to reach wider property seeker audience

Scale indicators7 records

Recent moves10 records

Expansion highlights6 records

Regional players

• Cardis Sotheby's International Realty: Swiss luxury real estate brokerage with strong presence in Western Switzerland and premium property segment. Comparable to Bulliard's exceptional properties (biens d'exception) offering, particularly for villas and high-end apartments in the Fribourg region.

Emerging players

• HomeGate AG: Leading Swiss property marketplace for residential listings, rentals, and valuations. Bulliard lists on HomeGate-adjacent portals (ImmoScout24, dreamo.ch, flatfox.ch); HomeGate represents a competing discovery channel that could disintermediate traditional agencies.
• Engel & Völkers (Switzerland): International real estate brand active in Switzerland offering brokerage focused on premium and investment properties. Comparable to Bulliard's higher-end brokerage work in Villars-sur-Glâne and Gruyère region, but with a luxury/international positioning.

Direct peers

• Bernard Nicod SA: Swiss real estate group active in brokerage, property management, and development across Western Switzerland. Closely mirrors Bulliard's full-service positioning in the French-speaking Swiss market, with comparable customer mix and lifecycle service offering.
• Naef Immobilier: Long-established Swiss regional real estate agency offering brokerage, property management (Gérance), and valuations across French-speaking Switzerland. Directly comparable to Bulliard in service mix and Swiss regional footprint, with overlapping customer segments in residential property owners, buyers, and tenants.
• Moser Immobilier SA: Swiss regional real estate firm offering brokerage, rental management, and valuation services in French-speaking Switzerland. Comparable to Bulliard in scope of services and reliance on local market knowledge in a defined Swiss region.
• Bürgi Immobilier SA: Swiss regional real estate agency providing brokerage and property management services in the Fribourg region. Direct geographic and service-line overlap with Bulliard, targeting the same local property buyers, sellers, and landlords.

Broad incumbents

• Wüest Partner AG: Swiss real estate consulting and valuation firm with deep local transaction datasets and technology-driven valuation tools. Comparable to Bulliard's valuation service and data advantage, but operates nationally and does not focus on brokerage/management.
• SPG Intercity Geneva / Zurich: One of the largest Swiss real estate service platforms, active in brokerage, property management, and consulting across multiple cantons. Broader geographic reach and headcount than Bulliard, but overlapping core service lines for brokerage and Gérance.
• Livit AG: Major Swiss property management firm managing tens of thousands of residential and commercial units. Directly comparable to Bulliard's Gérance and PPE service lines at significantly larger scale, but does not compete in Bulliard's local Fribourg brokerage niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Facebookfacebook.com/bulliardimmobilier
• LinkedInlinkedin.com/company/bulliard-immobilier

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

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 Bulliard Immobilie