Norevie

What Norevie does

Norevie is a French social housing operator (Société Anonyme d'Habitations à Loyer Modéré) headquartered in Douai, Hauts-de-France, providing regulated rental housing, property purchase programs, and land sales to low- and moderate-income households across the Douaisis region and wider Hauts-de-France. The company serves families, seniors, students, and people with disabilities through a portfolio of social housing units financed under PLAI, PLUS, and PLS regimes, supplemented by specialized 'logement-santé' (health-housing) and 'béguinage' (senior-adapted) housing products. Norevie is a subsidiary of Groupe Arcade-VYV, the mutual health and social care group, which serves as its reference shareholder and drives its health-housing strategy targeting 50% of new constructions to be labeled 'logement-santé' by 2025.

The company's product surface includes an online tenant portal ('Mon espace locataire'), online appointment booking, social housing application workflows, and an in-house Pôle Action Sociale (social support division) for vulnerable tenants facing financial difficulty. Construction and rehabilitation projects (~250 new units and ~250 rehabilitations per year) are supported by Building Information Modeling (BIM) for project design and asset data management, and the company holds certifications including NF Habitat HQE, RT 2012-20%, BBC Effinergie, Qualitel, and Cerqual. Sister entities within the Arcade-VYV group handle adjacent services: Florevie for new housing sales and project owner assistance, and Floralys Résidence and Floralys Domicile for senior housing operations and home care.

Norevie's revenue model is based on recurring regulated rental income from its social housing portfolio, with rents determined by financing type (PLAI, PLUS, PLS) and government frameworks, and tenants potentially eligible for APL (Aide Personnalisée au Logement). Distribution is delivered through digital channels (property search portal, online booking), physical customer service at the Douai headquarters, and a referral network of 75+ partner municipalities including Douai, Lille Métropole, Cambrai, and Arleux. The company is privately held (no public listing), with stated capital of €81,061,600 and registered under RCS Douai 045 950 318. No public revenue figure is disclosed by the company.

Name

Norevie

Legal name

NOREVIE, Société Anonyme d'Habitations à Loyer Modéré

Website

https://norevie.com

Company type

Private

Founded year

1913

Operating status

Operating

Headcount range

101–250 employees

Short description

Norevie is a French social housing operator (SA HLM) headquartered in Douai that builds, manages, and rents regulated affordable housing to low- and moderate-income households across the Douaisis and Hauts-de-France region, serving families, seniors, students, and people with disabilities.

Ownership category

akta.pro rank

Product category

Social Housing

NAICS

Other Community Housing Services (624229), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-To Dwellings & Other Buildings (7340), Services-Social Services (8300)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Affordable / Low-Income Assisted Living (Medicaid Waiver Focused) (HLADABAE), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF)

Keywords

• Social housing rental
• Affordable housing management
• Social housing services
• Tenant support services
• Housing construction rehabilitation

Headquarters

HQ city

Douai

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Social housing rental income: Norevie generates revenue through regulated rental income from its social housing portfolio (HLM - Habitations à Loyer Modéré). Rents are subject to regulatory frameworks including PLAI (very social), PLUS (social), and PLS (intermediate) financing categories that determine rent levels and tenant eligibility criteria.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Norevie is a social housing provider (Société Anonyme d'Habitations à Loyer Modéré) that develops, builds, and manages affordable rental housing across the Douaisis and Hauts-de-France region in France. It offers regulated rental housing under PLAI, PLUS, and PLS financing frameworks, property purchase programs for existing and new homes, and specialized senior housing (béguinages). The company also delivers tenant support services including social action support, solidarity home insurance, and a multi-service maintenance contract.

Product overview

Norevie is a social housing provider (Société Anonyme d'Habitations à Loyer Modéré) operating in the Douaisis region and Hauts-de-France. The company offers a comprehensive housing platform centered on social rental services with multiple financing options (PLAI, PLUS, PLS), supplemented by property sales and specialized housing programs. The core offering includes the Mon espace locataire tenant portal, while add-on services encompass the Pôle Action Sociale for social support, Assurance habitation solidaire for home insurance, Contrat Multiservices for bundled maintenance, and Habitat+ for additional tenant support. Specialized housing products include Logement-santé (health-focused housing), Béguinage (senior-adapted housing with communal areas), and the Welcome Box onboarding package for new tenants.

Differentiator

Problem solved

Functional benefit

Products and services

• Social Housing Rental (Logement social à la location)
• Social Housing for Sale (Logement social à l'achat)
• Mon espace locataire (Tenant Portal)
• Assurance habitation solidaire (Solidarity Home Insurance)
• Contrat Multiservices (Multi-Service Contract)
• Habitat+
• Prise de rendez-vous en ligne (Online Appointment Booking)

Quantifiable outcome

• 334 families contacted by social support services in 2023; 224 families currently benefiting from social accompaniment; 41% of accompaniments resulted in resolved debt situations
• +1 more outcomes

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

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

• Groupe Arcade-VYVcoreStrategic or Co-development PartnerGroupe Arcade-VYV is the reference shareholder of Norevie. As a major mutual health and social care group, it drives Norevie's strategic orientation toward 'logement-santé' (health-optimized housing), with a goal of 50% of new constructions being health-labeled by 2025.
• FloreviecoreStrategic or Co-development PartnerFlorevie is Norevie's sister company providing assistance to project owners (assistance à maîtrise d'ouvrage) for new construction and land development. Norevie collaborates with Florevie on housing projects and refers prospective buyers to Florevie for new housing purchases and land sales.
• Floralys RésidencemajorStrategic or Co-development PartnerFloralys Résidence is a group entity managing senior housing (béguinages). It provides hosting and activity services for senior residents in Norevie-built béguinage properties.
• Floralys DomicilemajorStrategic or Co-development PartnerFloralys Domicile is a group association providing home care and support services for seniors, complementing Norevie's senior housing offerings.
• ProxitymajorStrategic or Co-development PartnerProxity is a real estate developer that partnered with Norevie on the Le Parc operation in Loos (228 student units + 26 PMR units + 25 béguinage units), managed by Fac-Habitat for student housing.
• Fac-HabitatmajorChannel Partner/ Reseller/ DistributorFac-Habitat manages the 228 student housing units within the Le Parc operation in Loos, providing student housing management services.
• NEOXIMOminorStrategic or Co-development PartnerNEOXIMO is the developer (VEFA - sale in future state of completion) for the 22-unit béguinage in Achicourt, built and delivered by Norevie.
• GIE Arcade ServicesmajorTechnology or IntegrationGIE Arcade Services is the IT services entity providing data management, customer account management, and technical infrastructure for Norevie's tenant portal and data processing.
• 75+ municipalities (Douaisis and Hauts-de-France)coreChannel Partner/ Reseller/ DistributorNorevie maintains partnerships with over 75 municipalities across the Douaisis and Hauts-de-France region including Douai, Lille Métropole, Cambrai, Arleux, and others for housing development and tenant referrals.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Logirem: Regional SA HLM in southern France providing affordable rental housing with municipal partnerships. Directly comparable business model and tenant segments to Norevie though operating in a different geography.
• Domofrance: SA HLM operator in Nouvelle-Aquitaine, subsidiary of the Action Logement group. Comparable as a regional social landlord developing and managing affordable housing with municipal partnerships and senior/elderly offerings.
• Vilogia: Major Hauts-de-France-based HLM operator with strong presence in Nord-Pas-de-Calais and Picardie. Closest geographic comparable to Norevie, operating under the same SA HLM regulatory regime with similar municipal partnership model.
• Batigère: Major French SA HLM group providing affordable rental housing across multiple regions with similar PLAI/PLUS/PLS financing structure. Comparable business model, target tenant base, and municipal partnership approach to Norevie.
• Plurial Novilia: SA HLM operator based in Grand Est, part of the Action Logement group. Comparable as a regional social housing developer-manager offering PLAI/PLUS/PLS rental housing, senior residences, and tenant support services.
• ICF Habitat: Social housing subsidiary of SNCF group operating as a national SA HLM. Directly comparable as a developer and manager of affordable rental housing serving employees, seniors, and low-income households with regulated rents.
• 3F / Immobilière 3F: One of France's largest social housing operators under the Action Logement umbrella. Comparable as a national SA HLM with subsidized rental portfolio, development pipeline, and tenant support services analogous to Norevie.
• Habitat en Régions: Group of regional SA HLM operators (formerly LogiRévé) covering multiple French regions. Comparable as a social housing operator with municipal partnerships, mixed-tenure offerings, and senior housing programs parallel to Norevie's béguinage model.

Broad incumbents

• CDC Habitat: France's largest social housing operator, a subsidiary of Caisse des Dépôts. Directly comparable as a national SA HLM developing, building and managing subsidized rental housing with municipal partnerships; however, CDC Habitat operates at national scale versus Norevie's regional Hauts-de-France focus.

Regional players

• Maisons & Cités: SA HLM focused on the mining basins of Hauts-de-France, providing affordable housing in the same region as Norevie. Highly comparable on tenant base (low-income industrial workers) and northern France municipal relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NorevieESH
• LinkedInlinkedin.com/company/norevie

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Norevie