IMMOBILIARE

What IMMOBILIARE does

IMMOBILIARE SA is a licensed real estate promoter, builder, and land developer headquartered in the Cocody district of Abidjan, Côte d'Ivoire, operating since 2003 as a SARL under sole managing director Koffi N'Dri Mathieu. The company develops residential real estate including villas, duplexes, and triplexes on subdivided lots, with a cumulative portfolio of 840 buildings delivered (298 villas, 515 duplexes, 27 triplexes) across named promotions such as SYDES, ACI-SIB, IMMOBILIARE II through VI, EMMERAUDE, and LES RÉSIDENCES ARC EN CIEL. Services span land acquisition, design, construction, site supervision, and sales support, plus ancillary VRD (roads and infrastructure), water, and electrification works.

The business operates a sales-led, direct-distribution model without intermediaries, splitting customers across two primary channels: institutional employer-partnered programs (e.g., ACI-SIB for Société Ivoirienne de Banque staff, IMMOBILIARE III for Treasury agents) and general-public open-market sales (IMMOBILIARE II, V, VI, EMMERAUDE). BIAO provides full project financing for several developments, and partnerships with employers and government land entities (notably GFCI for LES RÉSIDENCES ARC EN CIEL) anchor the institutional pipeline. Revenue is generated through one-time property sales rather than recurring contracts, with pricing negotiated per project and unit (one example, IMMOBILIARE II, was valued at 1,795,108,507 FCFA).

The company holds all required State of Côte d'Ivoire accreditations (promoter, constructor, land developer) with explicit recognition by the Ministry of Economy and Finance for economic and social character. Capital has expanded from 20 million FCFA (2011) to 250 million FCFA (2014), and headcount sits in the 101-250 band. Activities are concentrated in the Abidjan metropolitan area, with no disclosed international expansion.

Name

IMMOBILIARE

Legal name

IMMOBILIARE SA

Website

https://immobiliare-ci.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

IMMOBILIARE SA is a Côte d'Ivoire licensed real estate developer, builder, and land developer headquartered in Abidjan, constructing and selling residential villas, duplexes, and triplexes to institutional employer clients and individual home buyers, with BIAO as key financing partner.

Ownership category

akta.pro rank

Headquarters

HQ city

Abidjan

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development and Construction: Immobiliare SA generates revenue through the development and construction of residential real estate projects including villas, duplexes, and triplexes. Projects are sold directly to individual buyers, corporate clients, and government employees. Revenue is generated through one-time property sales rather than recurring revenue models.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

IMMOBILIARE SA is a licensed real estate promoter, constructor, and land developer accredited by the State of Côte d'Ivoire. The company develops, builds, and sells residential real estate projects including villas, duplexes, and triplexes, serving both individual home buyers and institutional clients (banks, treasury employees, government agencies). Services also include land development, infrastructure works, water tower construction, potable water supply, village electrification, and road construction.

Product overview

IMMOBILIARE SA is a licensed real estate developer, builder, and land developer accredited by the State of Côte d'Ivoire, operating since 2003. The company operates as a single unified offering focused on residential property development, with a portfolio of named promotions that include luxury, medium-standard, and affordable housing. Total portfolio comprises 840 buildings including 298 villas, 515 duplex units, and 27 triplex units. The product line ranges from public-oriented mass housing projects (IMMOBILIARE II through VI, LES RÉSIDENCES ARC EN CIEL) to employer-partnered schemes (ACI-SIB for SIB bank, IMMOBILIARE III for Treasury agents) and high-standard offerings (EMMERAUDE duplex). Services extend to land development, water tower construction, potable water supply, village electrification, and road/infrastructure work (VRD).

Differentiator

Problem solved

Functional benefit

Products and services

• SYDES (IMMOBILIARE I) First residential development project located in Abatta, spanning 4.5 hectares with 142 villas, fully delivered on October 19, 2010.
• ACI-SIB Residential development for agents of Société Ivoirienne de Banque (SIB), located in Abatta opposite SYDES, covering 3 hectares with 93 lots including 40 duplexes and 53 low villas.
• IMMOBILIARE II Public-oriented residential development spanning 3 hectares with 70 lots (23 low villas and 47 duplexes), valued at 1,795,108,507 FCFA, launched November 2010.
• IMMOBILIARE III Residential project dedicated exclusively to Treasury agents, fully financed by BIAO, covering 4 hectares with 93 lots, fully delivered on July 5, 2014.
• IMMOBILIARE IV Medium-standard housing project located in Cité FEH KESSE on the Bingerville road, launched February 2014, comprising 107 medium-standard housing units (1st tranche) and 27 triplexes on approximately 6 hectares.
• IMMOBILIARE V Public-oriented residential development 700m from Boulevard Mitterrand, fully financed by BIAO, spanning 7 hectares with 165 housing units (80 low villas and 85 duplexes).
• IMMOBILIARE VI Public-oriented residential development spanning 10 hectares with 202 lots (61 low villas and 141 duplexes), including amenities such as a primary school, shopping center, green space, and 68-space parking.
• EMMERAUDE Luxury duplex project comprising 6 high-standard buildings, each built on 200 M2 with a 450 M2 plot, open to the general public.
• LES RÉSIDENCES ARC EN CIEL (GFCI) Residential development of 143 housing units built on 6 hectares near Saint Viateur school, developed through a partnership with Groupement Foncier de Côte d'Ivoire (GFCI).

Quantifiable outcome

• 840 buildings delivered including 298 villas, 515 duplexes, and 27 triplexes
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered major and core.

• Société Ivoirienne de Banque (SIB)majorStrategic or Co-development Partner · 1 January 2010Immobiliare SA developed the ACI-SIB project on behalf of SIB employees. This 93-lot development (40 duplexes and 53 villas) on 3 hectares represents a corporate housing program where the bank engaged Immobiliare to provide exclusive housing for its staff.
• Groupement Foncier de Côte d'Ivoire (GFCI)coreStrategic or Co-development PartnerGFCI partnered with Immobiliare SA through a convention agreement to develop LES RÉSIDENCES ARC EN CIEL. This 143-unit development on 6 hectares was built through this partnership, demonstrating Immobiliare's ability to collaborate on major land development projects.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Mixta Africa: Nigerian-headquartered residential developer active across West Africa building mass-market and mid-market housing. Direct peer in West African geography, master-planned community approach, and pre-sold/financed unit sales model.
• Rendeavour: Pan-African master developer building mixed-use cities in Kenya, Nigeria, Zambia, Ghana, and DRC. Comparable as a developer that acquires raw land, installs infrastructure, and delivers residential units to owner-occupiers across Sub-Saharan Africa.
• SICOGI (Société de Construction et de Gestion Immobilière): Ivorian state-owned residential developer that plans, builds, and delivers affordable housing across Côte d'Ivoire. Closest direct comparable to Immobiliare in geography, customer base (civil servants and middle-income households), and product (villas/duplex on serviced lots).

Broad incumbents

• Growthpoint Properties: South Africa's largest listed REIT with a diversified African property portfolio including residential, retail, and office. Broad incumbent that demonstrates the scale-up path for an African property developer moving from local to continental.
• Old Mutual Property: African-focused property investor and developer within Old Mutual Emerging Markets, active in residential and mixed-use developments across multiple African countries. Broad incumbent comparable for diversification strategy from a single-country developer base.

Others

• Shelter Afrique: Pan-African housing finance and development institution providing debt and equity for residential developers. Comparable as an enabling counterparty that finances projects similar to Immobiliare's BIAO-funded promotions.
• Knight Frank (Africa operations): Global real estate consultancy with a dedicated Sub-Saharan Africa practice advising on residential development, valuation, and capital markets. Adjacent services peer relevant for benchmarking Ivorian residential pricing and developer landscape.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/immobiliare-sa

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 IMMOBILIARE