Fidexi

What Fidexi does

Fidexi SAS is a French real estate investment designer and distributor founded in 1988 and headquartered at 44 rue Paul Valéry in the 16th arrondissement of Paris. The company develops and commercializes two core investment products: Nue-propriété (temporary bare ownership / démembrement), in which private investors acquire bare ownership at a 30-46% discount to full property value while an institutional landlord retains the usufruct for typically 15-18 years; and Location meublée (furnished rental under LMNP/LMP status), offered across three managed-residence verticals — health (EHPAD/SMR), student housing, and senior residences. The company operates as a licensed real estate broker under the French Hoguet law (carte professionnelle CPI 7501 2016 000 009 359), supported by a €110,000 financial guarantee from QBE International Insurance and professional liability coverage from Serenis Assurances.

Fidexi monetizes via transaction fees on the commercialization of investment programs, with no proprietary technology platform — the core stack is structuring expertise combined with a partner portal (Espace partenaires) and a program search tool on the website. Distribution is sales-led across two channels: a referral network of over 1,200 independent wealth management advisors (CGPs) who recommend Fidexi programs to individual private clients, and a direct institutional sales force that manages relationships with social and intermediate housing landlords (including CDC Habitat, 3F, Vilogia, and Seqens) and property developers. The company also runs a secondary market service for the resale of LMNP and Nue-propriété investments, and operates ULS (Usufruit Locatif Social) and ULI (Démentbrement Intermédiaire) mandates for institutional landlords seeking to expand affordable housing stock without mobilizing equity.

FIDEXI is structured as a SAS (Société par Actions Simplifiée) with share capital of €228,674, registered in Paris under RCS B 398 045 567. The company is majority-owned by LNA Santé, a French healthcare operator headquartered in Vertou (RCS Nantes 388 359 531), which generates related-party mandate flow including the 2025 Coulommiers and Meaux transactions. The team of approximately 30 professionals is led by Alban Gautier (Directeur Général) and includes Céline Fonteneau (DGD Montage et Structuration), Emmanuel Charlet (Directeur Associé, Projets Spécifiques), and Sébastien Bagard (DAF, Directeur Associé). Since 1988, Fidexi has commercialized over 10,000 housing units across approximately 150 French cities and operates across all 13 mainland French regions.

Name

Fidexi

Legal name

FIDEXI SAS

Website

https://fidexi.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Fidexi is a Paris-based real estate investment designer and licensed French broker (Hoguet law), founded in 1988 and majority-owned by LNA Santé. It commercializes nue-propriété and LMNP/LMP furnished-rental investment programs across health, student, and senior housing, distributed via 1,200+ wealth management advisors and direct institutional mandates with social landlords.

Ownership category

akta.pro rank

Product category

Real Estate Investment Services

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

akta.pro secondary industries

Multifamily Brokerage (BPAJABAD), Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

Keywords

• Bare ownership investment
• Furnished rental investment
• Demembrement property
• Healthcare real estate
• Real estate investment services

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Real Estate Transaction Fees: Fidexi earns fees on real estate transactions as a licensed real estate broker (Transactions Immobilieres sans maniement de fonds), regulated under the French Hoguet law. The company commercializes investment programs in nue-propriete and furnished rental.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Fidexi designs, structures, and commercializes French real estate investment programs in two principal formats — Nue-propriété (bare ownership/demembered property, acquired at 30–46% below market value with institutional usufructuaries holding the property for 15–18 years) and Location meublée (furnished rental under LMNP/LMP status in healthcare, student, and senior residences). The firm also operates ULS/ULI social and intermediate housing demembrement schemes with institutional landlords and a secondary market for reselling existing investments.

Product overview

Fidexi is a real estate investment company founded in 1988 specializing in two core products: Nue-propriété (bare ownership/demembered property) and Location meublée (furnished rental). The Nue-propriété offering involves temporary property demounting where investors acquire bare ownership at 30-46% below market value while institutional landlords hold the usufruct for 15-18 years. The Location meublée offering provides furnished rental investments in three sectors: health (EHPAD/SMR), student housing, and senior residences. Fidexi also offers secondary market services for reselling investments. The company serves multiple client segments including individual investors, institutional landlords, property developers, local authorities, and wealth management advisors (CGP), operating across approximately 150 cities in France with over 10,000 housing units commercialized.

Differentiator

Problem solved

Functional benefit

Products and services

• Nue-propriété (Bare Ownership / Demembered Property) Temporary property demembrement investment program in which investors acquire bare ownership at a 30–46% discount to full market value while an institutional landlord (bailleur) holds the usufruct for 15–18 years, manages the rental, and the investor regains full ownership automatically at term. Designed for French individual investors seeking tax-efficient, management-free patrimoine building, and for institutional landlords seeking off-balance-sheet financing of social or intermediate housing stock.
• Location meublée (Furnished Rental / LMNP-LMP)

Quantifiable outcome

• Over 10,000 homes commercialized
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• LNA SantécoreStrategic or Co-development PartnerLNA Santé holds a majority stake in Fidexi's capital. Fidexi has accompanied LNA Santé in multiple transactions including the sale and leaseback of a Home Hospitalization facility in Coulommiers (Seine-et-Marne) to Euryale for SCPI Pierval Santé.
• Euryale (for SCPI Pierval Santé)minorStrategic or Co-development PartnerEuryale acquired the Home Hospitalization facility of Coulommiers from LNA Santé, a transaction coordinated by Fidexi. The 951 m² facility serves Seine-et-Marne patients via 90 healthcare professionals daily.
• AtlandminorStrategic or Co-development PartnerFidexi accompanied LNA Santé and Atland in the cession of activity premises at Pole de Santé de Meaux, a healthcare real estate transaction.
• QBE International InsuranceminorOthersFidexi's real estate transaction activity benefits from a financial guarantee of 110,000 euros provided by QBE International Insurance, as required under French law.
• Serenis AssurancesminorOthersProfessional liability insurance provider for Fidexi under policy VD 7.000.001/13318, covering articles L341-5, L541-3 of the Monetary and Financial Code and L512-6 of the Insurance Code.
• CCI de Paris Île-de-FranceminorOthersProfessional card CPI 7501 2016 000 009 359 delivered by CCI de Paris Île-de-France, required for real estate transaction activities under French Hoguet law.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Euryale (Euryale Asset Management): French asset manager specialized in healthcare and senior real estate, including SCPI Pierval Santé. Direct competitor to Fidexi in healthcare and senior housing investment products; also a transactional counterparty in Fidexi-orchestrated deals.
• Atland: French real estate asset manager and developer focused on healthcare, student, and senior residences. Already a transactional partner of Fidexi (Meaux Health Pole); competes for similar property sourcing and investor distribution.
• Perial Asset Management: Independent French real estate asset manager managing SCPI, OPCI, and private funds distributed primarily through wealth advisors. Direct competitor to Fidexi in distributing stabilized real estate investment products through the CGP channel.
• Sofidy: French real estate investment manager (SCPI, OPCI, club deals) with a similar advisor-led distribution model. Competes directly with Fidexi for CGP shelf space on real estate investment products.
• Primonial REIM: Major French real estate investment manager offering SCPI, OPCI, and club deals distributed via wealth advisors. Comparable to Fidexi in advisor-led distribution of real estate investment solutions across residential and healthcare sectors.
• Corum l'Épargne: Independent SCPI investment manager known for its Corum Origin and Corum Eurion SCPIs distributed through wealth advisors. Direct competitor in the French real estate investment product market.

Broad incumbents

• Nexity: Largest French real estate developer with investment product offerings (LMNP, Pinel, SCPI partnerships). Adjacent competitor to Fidexi in furnished rental investment programs but with a much broader residential development footprint.
• Swiss Life Asset Managers France: Real estate investment arm of Swiss Life with broad French real estate exposure (offices, residential, healthcare). Competes with Fidexi in the healthcare and residential investment space but as part of a wider institutional portfolio.
• BNP Paribas Real Estate: Real estate arm of BNP Paribas covering advisory, transactions, investment management, and property management across France. Overlaps with Fidexi on commercial real estate brokerage and investment advisory mandates.

Others

• Foncia: France's largest residential property manager with investment and transaction services. Tangentially comparable to Fidexi's residential real estate focus, though Foncia's primary activity is property management rather than investment product distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC1B1_eF208BrIa4ez9HGGww/videos
• LinkedInlinkedin.com/company/fidexi
• Xx.com/fidexi_paris

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Fidexi