Foncieres & Territoires

What Foncieres & Territoires does

Foncières & Territoires is a French portfolio management company (société de gestion de portefeuille) regulated by the AMF, founded in 1997 as FD Patrimoine and rebranded in 2013. The firm specializes in collective real estate investment vehicles, with its flagship product being SCPI Cap Foncières & Territoires alongside approximately 50 additional investment vehicles under management. As of December 31, 2025, capitalization stood at €110 million, with a 2025 distribution rate of 6.24% and a financial occupancy rate of 97.42%.

The company pursues a deliberate regional concentration strategy focused on three French territories — Nord Est, Rhône-Alpes Méditerranée, and Ouest Cap Atlantique — supported by a physical office footprint in Lyon, Nancy, and Nantes. Its tenant base spans more than 100 corporate counterparties across at least nine industries (energy, education, fitness, public administration, healthcare, hospitality, banking, technology, and construction), with VINCI ÉNERGIES disclosed as a €6M portfolio relationship. The investor base exceeds 1,500 individual associates, acquired through a combination of CGP (independent wealth advisor) distribution and the proprietary digital subscription platform investir.foncieres-et-territoires.com.

Revenue mechanics are typical of French SCPI management: the firm earns asset-management fees on rental income plus entry/subscription fees on newly raised capital. The firm is small — approximately 20 employees — and is currently pursuing inorganic growth via a December 2025 strategic and capital rapprochement with Axtom, alongside ongoing asset acquisitions such as the Nantes "Urban Lives" deal scheduled for April 2026 and reported initiatives with Caisse des Dépôts in specialized housing.

Name

Foncieres & Territoires

Legal name

Foncières & Territoires

Website

https://foncieres-et-territoires.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Foncières & Territoires is a French AMF-regulated portfolio management firm operating SCPI Cap Foncières & Territoires and approximately 50 investment vehicles across three regional French territories (Nord Est, Rhône-Alpes Méditerranée, Ouest Cap Atlantique), serving more than 1,500 retail investors via a CGP network and proprietary digital subscription platform.

Ownership category

akta.pro rank

Product category

SCPI real estate investment management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF) (FSAHAKAG)

Keywords

• Real estate investment
• SCPI management
• Portfolio management
• Commercial real estate
• Asset management

Headquarters

HQ city

Lyon

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. SCPI Management Fees: Revenue generated from managing SCPI Cap Foncières & Territoires and 50 investment vehicles. Management fees are typically charged as a percentage of assets under management (not explicitly stated in sources but standard SCPI practice). The company obtained AMF (Autorité des Marchés Financiers) portfolio management company approval in 2013.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Foncières & Territoires is an AMF-regulated portfolio management company that operates SCPI Cap Foncières & Territoires, a yield-based diversified commercial real estate investment fund investing in French metropolitan areas (offices, retail, activity/logistics). Investors subscribe to shares (minimum 4 shares at €260 = €1,040), either via cash, credit-financed purchase, or property démembrement, and receive quarterly dividends. Subscription and asset management are delivered through a fully digitized online platform with e-signature, programmed quarterly savings, and a secure investor extranet portal.

Product overview

Foncières & Territoires operates as a unified product-and-platform company centered on its flagship SCPI Cap Foncières & Territoires, a yield-oriented diversified real estate mutual fund. The company offers a single SCPI product accessible through an online investment platform, with subscription methods including cash purchase, credit-financed investment, and property ownership structures. The investment platform provides end-to-end digital onboarding, document signing, and investment management. Founded in 1997 as FD Patrimoine, the company rebranded in 2013 and consolidated three regional SCPI products (Nord Est Horizon, Rhône Alpes Méditerranée, and Ouest Cap Atlantique) into the unified Cap Foncières & Territoires vehicle in 2019.

Differentiator

Problem solved

Functional benefit

Brands

• SCPI Cap Foncières & Territoires: SCPI de rendement à thématique territoriale investing in commercial real estate (bureaux, locaux d'activité, commerces) across French metropolitan areas. Capitalization of €110M as of 31/12/2025.

Products and services

• SCPI Cap Foncières & Territoires Yield-based diversified real estate investment fund (SCPI) that acquires and manages commercial real estate assets (offices, retail spaces, activity/logistics units) across dynamic French metropolitan areas. Investors subscribe to shares and receive quarterly dividends.
• Online Investment Platform (Plateforme de souscription en ligne) Digital subscription platform at investir.foncieres-et-territoires.com enabling investors to subscribe to SCPI shares entirely online, download and sign documents electronically, and access investment tracking. Supports cash purchase, credit-financed purchase, and property démembrement (bare ownership/life interest) structures.

Quantifiable outcome

• Distribution rate of 6.24% in 2025
• +3 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• AxtomflagshipStrategic or Co-development Partner · 1 December 2025Strategic and capital rapprochement between Foncières & Territoires and Axtom announced December 2025. This is a significant partnership involving acquisition/integration of Foncières & Territoires by Axtom, as reported by Business Immo. Frédéric Durand remains as president of the combined entity.
• VINCI ÉNERGIES (OMEXOM, AXIANS)coreStrategic or Co-development PartnerVINCI ÉNERGIES group is a key tenant and investment partner. €6 million portfolio including OMEXOM (1,470 m² building near Nancy on 10-year lease), AXIANS Strasbourg, and UXELLO Nancy. SCPI Cap Foncières & Territoires acquired production/maintenance building in VEFA (sale before completion) for OMEXOM.
• ANACOFIminorChannel Partner/ Reseller/ DistributorProfessional association of financial advisors (Conseillers en Gestion de Patrimoine) representing independent wealth management professionals in France who distribute SCPI products.
• IEIF (Institut des Etudes Immobilières et Foncières)minorOthersReal estate research institute providing market studies and analysis for SCPI industry. Listed as institutional partner on Foncières & Territoires website.
• ASPIMminorOthersFrench professional association of real estate investment companies (Association des Sociétés de Placement Immobilier). Listed as institutional partner.
• UNEP (Union Nationale des Employeurs Patronaux)minorOthersProfessional employer association listed as institutional partner on Foncières & Territoires website.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Perial Asset Management: Perial is a French SCPI management company with multiple SCPI vehicles (PF Grand Paris, PFO, PFO2) targeting retail investors and CGP distribution. Highly comparable to F&T as a mid-sized SCPI manager using digital subscription and a partner advisor network.
• Sofidy: Sofidy is one of France's largest independent SCPI and retail real estate investment managers, distributing through a national CGP network and digital platforms. Comparable to F&T in product mix (SCPI diversification) and GTM dependence on wealth advisors.
• Norma Capital: Norma Capital is a smaller French SCPI manager with a similar sub-€200M capitalization profile and a focus on diversified regional commercial real estate. Comparable to F&T in size, regional retail-investor focus, and CGP distribution model.
• La Française Real Estate Managers: La Française REM manages the LF Eurimmo, LF Opportunité Immo, and other SCPI brands, distributed to retail investors and CGPs across France. Direct competitor in the diversified SCPI segment with similar CGP-led distribution and B2B/B2C hybrid GTM.
• Keys REIM (KEYS Asset Management): Keys REIM is a French SCPI and retail real estate manager with a CGP-led distribution model and several diversified SCPI vehicles. Direct competitor in the mid-market SCPI segment targeting retail savers and wealth advisors.
• Atland Voisin: Atland Voisin is a French SCPI manager (formerly Voisin & Cie) operating multiple SCPI brands distributed to retail investors via wealth advisors. Comparable as a mid-sized SCPI competitor with a similar diversified commercial real estate focus.

Emerging players

• Novaxia Investissement: Novaxia is a French real estate investment manager focused on SCPI and thematic REIM vehicles, with a strong digital-first distribution stance. Comparable as an emerging player combining SCPI products with tech-enabled investor onboarding, similar to F&T's digital platform.

Broad incumbents

• Amundi Real Estate: Amundi Real Estate is the real estate arm of Europe's largest asset manager, offering SCPI and OPPCI products distributed through Amundi's retail and institutional channels. Comparable as a broad incumbent in French SCPI with much larger scale.
• Primonial (Altarea SC): Primonial is a major French SCPI and wealth management platform (now part of Altarea SCA), with the largest SCPI franchise in France. Comparable as a leading broad incumbent in the same SCPI category that F&T competes in.
• AEW Ciloger (AEW): AEW is a major European real estate asset manager with a multi-billion SCPI franchise in France and other European vehicles. Comparable as an incumbent SCPI competitor, though at much larger scale and broader geographic remit than F&T.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCEyLsx4L28OQwIbDr0IxjYQ

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Foncieres & Territoires