Magellan Property
MAGELLIM REIM is a Paris-based real estate investment manager that creates and manages SCPI, SCI, and club deal vehicles for individual and professional investors, specializing in French regional properties across healthcare, hospitality, and essential sectors, with nearly €3 billion in assets under management.
- Company typePrivate
- Founded2010
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Magellan Property does
MAGELLIM REIM (formerly Foncière Magellan) is a Paris-based real estate investment management firm founded in 2010 by Steven Perron, headquartered at 44 Avenue de Villiers in the 17th arrondissement. The firm creates and manages real estate investment vehicles for both individual investors (particuliers) and professional investors, focusing on French regional markets and essential sectors undergoing transformation—including healthcare, hospitality, education, industry, and workplaces—rather than on Paris prime assets alone. As of December 31, 2025, MAGELLIM REIM reports nearly €3 billion in assets under management spread across more than 700 assets, comprising approximately 200 tertiary assets (over 800,000 m²), 500+ residential assets (residential portfolio valued at nearly €1 billion), and a set of named club deals covering commercial property in Chambéry, two 4-star boutique hotels in Paris, ultra-prime hospitality, and a trophy Paris 7th arrondissement residential acquisition completed in June 2026.
The product portfolio consists of five flagship vehicles: SCPI Foncière des Praticiens (healthcare SCPI), SCI ViaGénérations (viager life-annuity residential SCI integrated through the March 2026 Turgot AM partnership), and three club deals—Club MAGELLIM Commerces 1, Club MAGELLIM Paris Boutique Hôtels, and Club MAGELLIM Saint-Michel. The firm distributes through financial advisor networks, direct relationship management for professional and institutional investors, and a self-serve investor portal (Mon Espace), and has recently showcased its positioning at OCCUR 2026 across real estate, private equity, and infrastructure investing for territories. Revenue is generated via management fees on SCPI and SCI products and structuring/entry fees on club deals, with historical closed clubs delivering an annual IRR above 8% (excluding investor taxation). The disclosed technology footprint is limited to a basic client portal; no proprietary technology platform, AI tooling, or in-house research systems are described in the available sources.
Magellan Property firmographics
Firmographics- Name
- Magellan Property
- Legal name
- MAGELLIM REIM
- Website
- https://fonciere-magellan.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MAGELLIM REIM is a Paris-based real estate investment manager that creates and manages SCPI, SCI, and club deal vehicles for individual and professional investors, specializing in French regional properties across healthcare, hospitality, and essential sectors, with nearly €3 billion in assets under management.
- Ownership category
- akta.pro rank
Magellan Property industry classification
Industry- Product category
- Real Estate Investment Management
- NAICS
- Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Investment Advice (6282), Investors, Nec (6799)
- akta.pro primary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
- akta.pro secondary industries
- Real Estate Funds — Opportunistic / Development (FSANAEAI), Specialty Real Assets / Niche Strategies (Marinas, Student Housing, Self-Storage, Life Science RE) (FSANAEAO), Luxury & High-End Residential Brokerage (BPAJAAAC)
Keywords
Where Magellan Property is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Magellan Property business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others, Technology or R&D
Revenue model
- Real Estate Fund Management: MAGELLIM REIM generates revenue through management fees charged on real estate investment funds including SCPI (Société Civile de Placement Immobilier) and SCI products, as well as structuring fees for club deal investments. The company manages approximately 3 billion euros in assets under management as of December 31, 2025.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Magellan Property product offering
Product offeringCore offering
MAGELLIM REIM creates and manages real estate investment funds for individual and professional investors in French regional markets, focusing on essential sectors such as healthcare, hospitality, education, industry and workplaces. Its product range includes club deals (commercial property, Paris boutique hotels, ultra-prime hospitality), a healthcare-focused SCPI (Foncière des Praticiens), and a life-annuity (viager) SCI (ViaGénérations). The firm manages nearly €3 billion in assets across 700+ properties as of 31/12/2025.
Product overview
MAGELLIM REIM is a global real estate investment actor providing creation and management of real estate investment funds for individual and professional investors. The portfolio includes five distinct products: Club MAGELLIM Commerces 1 (commercial property in Chambéry), Club MAGELLIM Paris Boutique Hôtels (4-star hotels in Paris), Club MAGELLIM Saint-Michel (ultra-prime hospitality), SCPI Foncière des Praticiens (healthcare-focused SCPI), and SCI ViaGénérations (life annuity residential SCI). The firm also manages approximately 200 tertiary assets, over 800,000 m² of tertiary assets, 500 residential assets, and nearly €1 billion in residential portfolio value as of December 31, 2025.
Differentiator
Problem solved
Functional benefit
Brands
- Club MAGELLIM Commerces 1: Club deal investment in an iconic commercial property in Chambéry
- Club MAGELLIM Paris Boutique Hôtels
- Club MAGELLIM Saint-Michel
- SCPI Foncière des Praticiens
- SCI ViaGénérations
Products and services
- Club MAGELLIM Commerces 1 A club-deal investment vehicle that pools investor capital to acquire an emblematic commercial property in Chambéry, France, targeting professional and institutional investors seeking French regional real estate exposure.
- Club MAGELLIM Paris Boutique Hôtels A club-deal investment offering capital entry into two 4-star boutique hotels in Paris, for professional investors targeting exposure to the Parisian hospitality sector.
- Club MAGELLIM Saint-Michel A club-deal investment vehicle targeting ultra-prime hospitality assets, for professional investors seeking high-end hospitality exposure.
- SCPI Foncière des Praticiens A healthcare-focused SCPI (Société Civile de Placement Immobilier) that allows individual investors to grow savings through regulated investment in health-sector real estate.
- SCI ViaGénérations A life-annuity (viager) residential SCI that enhances life-insurance investments by incorporating reverse-annuity (viager) property structures, designed for individual investors via life-insurance wrappers.
Quantifiable outcome
- Over 8% annual TRI on closed club deals
- +3 more outcomes
Companies that use Magellan Property
Customer profileSegments5 records
Ideal customer profiles2 records
Magellan Property technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Magellan Property partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Turgot AMcoreTurgot AM has integrated with MAGELLIM REIM as part of a strategic partnership. Turgot Capital offers ViaGénérations, a SCI (Société Civile) product focused on viager (life annuity) residential investments, which is distributed through the MAGELLIM REIM platform. The partnership expands product offerings and distribution capabilities for both entities.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Magellan Property competitors and assessment
Company assessmentDirect peers
- Perial Asset Management: Long-standing French SCPI and REIM operator offering diversified real estate investment vehicles for individual and institutional investors, directly competing with MAGELLIM REIM's SCPI Foncière des Praticiens and other fund products.
- La Française Real Estate Managers: French REIM/SCPI operator distributing diversified real estate funds through financial advisor networks, directly competing with MAGELLIM REIM for individual investor allocations in French regions.
- Sofidy: Major French SCPI/REIT manager distributing a broad range of real estate funds (SCPI, OPCI, club deals) through financial advisors, comparable to MAGELLIM REIM's product mix and target investor base.
- Fiducial Real Estate: French SCPI manager creating and distributing regulated real estate investment vehicles to individual and professional investors, directly comparable in product format and distribution model to MAGELLIM REIM.
- Corum Asset Management: French SCPI specialist distributing international-themed real estate funds to individual investors; competes for similar advisor-distributed retail investor mandates as MAGELLIM REIM.
- Primonial REIM (now part of Tikehau Capital): One of the largest French SCPI/REIT and real estate fund managers, directly comparable to MAGELLIM REIM as it also creates and manages SCPI and club-deal vehicles distributed through financial advisors to individual and professional investors in France.
Broad incumbents
- Eurazeo Real Estate: European private equity-style real estate investor and asset manager with a French base, comparable to MAGELLIM REIM in structuring club deals and thematic real estate strategies at a larger institutional scale.
- Amundi Real Estate: Large European real estate investment manager with a broad SCPI/OPCI product suite and institutional mandates; an incumbent competitor that operates at a much larger scale than MAGELLIM REIM and offers overlapping capabilities to French individual investors.
- AXA Real Estate (AXA IM Alts): Global large-cap real estate investment manager operating across direct funds, debt and listed real estate, with a French footprint; a broad incumbent that competes for institutional mandates alongside MAGELLIM REIM.
Emerging players
- Turgot Capital (Turgot AM): French asset manager that recently integrated with MAGELLIM REIM and brings the ViaGénérations viager SCI product; comparable as a French regulated fund manager with overlapping investor base and distribution channels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Magellan Property financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magellan Property leadership team
Management profileNumber of profiles
Profiles2 records
Magellan Property subsidiaries and ownership
Company hierarchySubsidiaries5 records
Magellan Property funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magellan Property M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magellan Property
What does Magellan Property do?
MAGELLIM REIM creates and manages real estate investment funds for individual and professional investors in French regional markets, focusing on essential sectors such as healthcare, hospitality, education, industry and workplaces. Its product range includes club deals (commercial property, Paris boutique hotels, ultra-prime hospitality), a healthcare-focused SCPI (Foncière des Praticiens), and a life-annuity (viager) SCI (ViaGénérations). The firm manages nearly €3 billion in assets across 700+ properties as of 31/12/2025.
Is Magellan Property a public or private company?
Magellan Property is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Magellan Property founded?
Magellan Property was founded in 2010. It employs 11 to 50 people.
Where is Magellan Property based?
Magellan Property is headquartered in Paris, France, in the Europe region.
How does Magellan Property make money?
One revenue line is on record: real Estate Fund Management.
Who are Magellan Property's main competitors?
Direct peers on record are Perial Asset Management, La Française Real Estate Managers, Sofidy, Fiducial Real Estate, Corum Asset Management and Primonial REIM (now part of Tikehau Capital). Broad incumbents are Eurazeo Real Estate, Amundi Real Estate and AXA Real Estate (AXA IM Alts). Turgot Capital (Turgot AM) is listed as an emerging player.
Does Magellan Property have an API?
No public API is recorded for Magellan Property.
What industry is Magellan Property in?
Magellan Property's product category is Real Estate Investment Management. Its primary akta.pro industry code is BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE), with a secondary code of FSANAEAI, Real Estate Funds — Opportunistic / Development. Its NAICS code is 5259 and its SIC code is 6531.