What Les Nouveaux Constructeurs does

Les Nouveaux Constructeurs (LNC) is a France-based residential real estate developer founded in 1972 and listed on Euronext Paris (epa:LNC), operating as part of the Bassac group with subsidiaries including LNC Financement (mortgage brokerage) and Consortium Français de l'Habitation (CFH). The company develops and sells new-build residential properties — apartments, houses, duplexes, and triplexes — across more than 220 active programs spanning 26-27 French departments and 8 regions, with prices ranging from approximately €79,000 for entry-level studios to over €600,000 for premium units. It also operates Senioriales managed senior-living residences under the LLI scheme and has extended into commercial real estate and coworking as adjacent verticals.

The core product is the VEFA (off-plan) residential unit, sold through a hybrid channel combining a network of physical sales offices (bulles de vente), a centralized corporate website with 3D visualizations and digital brochures, and partnerships with major French listing portals (Se Loger, Immoneuf, bien'ici). Underlying technology is conventional for a property developer — listing platforms, CRM, and digital marketing tools — with no disclosed proprietary AI or platform architecture. The in-house financing arm (Bassac/LNC Financement, ORIAS-registered since 2008) acts as a mortgage broker routing buyers to partner banks, while land acquisition is supported by data brokers Promolead and Urbaselect.

The business model is transactional rather than recurring: revenue is realized one-time per property sale, with pricing tiers spanning entry-level first-time-buyer units (eligible for PTZ and TVA réduite 5.5% in ANRU/QPV zones), mid-range family apartments, premium units, and managed-residence investment products (LMNP, LLI, Dispositif Jeanbrun). Customer segments include first-time buyers, property investors, families, and cross-border workers in Haute-Savoie near Geneva. The company employs 251-500 staff and is headquartered in Boulogne-Billancourt, France.

Name

Les Nouveaux Constructeurs

Legal name

LES NOUVEAUX CONSTRUCTEURS SA

Website

https://lesnouveauxconstructeurs.fr

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

251–500 employees

Short description

Les Nouveaux Constructeurs is a France-based residential real estate developer founded in 1972, publicly listed on Euronext Paris and part of the Bassac group, selling 220+ new-build programs across 26+ French departments to first-time buyers, investors, families, and cross-border workers.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

New Construction & Builder Sales (BPAJAAAB)

akta.pro secondary industries

Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD), Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Residential real estate development
• New-build housing programs
• VEFA property sales
• Real estate investment schemes
• Mortgage brokerage services

Headquarters

HQ city

Boulogne-billancourt

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Sales: The company generates revenue through the development and sale of new residential properties (apartments, houses, duplexes, triplexes) across France. Revenue is realized on a one-time basis per property transaction (VEFA model), not recurring. Properties range from studios to 5-room apartments with prices from approximately €79,000 to over €600,000.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Les Nouveaux Constructeurs is a French residential real estate developer that builds and sells new-build housing programs (apartments, houses, duplexes, and triplexes) across 26+ French departments under the VEFA (off-plan) model. The company also operates managed senior residences under the Senioriales sub-brand and offers in-house mortgage advisory through LNC Financement (Bassac Financement). Properties are sold to individual buyers, first-time purchasers, and property investors, with prices ranging from approximately €79,000 to over €600,000.

Product overview

Les Nouveaux Constructeurs operates as a residential real estate developer founded in 1972, offering a portfolio of over 220 new-build programs across France. The core offering consists of residential property development (Programmes Immobiliers) encompassing apartments, houses, duplexes, and triplexes. The company provides fiscal advantage programs including PTZ (Prêt à Taux Zéro), reduced VAT (TVA réduite 5.5%), LMNP (furnished rental), LLI (intermediate rental housing), and BRS (Bail Réel Solidaire). Senior living is served through the Senioriales sub-brand offering managed residences. LNC Financement is a complementary service providing mortgage advisory and financing solutions.

Differentiator

Problem solved

Functional benefit

Brands

• LNC Financement: Dedicated financing service for real estate projects offering mortgage solutions and financial advice
• Bassac

Quantifiable outcome

• Referral incentive of 1,500€ per successful sponsorship
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Consortium Français de l'Habitation (CFH)coreStrategic or Co-development PartnerCFH is a related entity that handles commercializing certain property programs. When programs are marketed by CFH, prospect data processing is managed by CFH as data controller. Both LNC and CFH share headquarters at 50 route de la Reine, Boulogne-Billancourt. CFH RCS: B 451 326 961.
• Bassac Financement (LNC Financement)coreStrategic or Co-development PartnerIn-house financing subsidiary providing mortgage advisory services. SAS with capital of 50,000€, headquartered at 113 avenue de Verdun, Issy-les-Moulineaux. RCS: 502 543 366. Registered as bank intermediary (COBSP) since 27/06/2008 under ORIAS 08042972. Provides financing solutions, accesses partner bank offers for clients.
• Se LogerminorChannel Partner/ Reseller/ DistributorReal estate listing platform that lists LNC property programs and forwards prospect inquiries to the company.
• ImmoneufminorChannel Partner/ Reseller/ DistributorReal estate listing platform partnering with LNC to list property programs.
• bien'iciminorChannel Partner/ Reseller/ DistributorReal estate listing platform that lists LNC programs and transmits prospect data.
• Promolead and UrbaselectminorGTM or Marketing PartnerData brokers that provide land prospect contact information to LNC for land acquisition (prospection foncière) activities.
• ImmodvisorminorGTM or Marketing PartnerCustomer review platform hosting verified client testimonials for Les Nouveaux Constructeurs. Reviews displayed on website with 5/5 ratings for quality of service.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nexity: France's largest residential real estate developer (promoteur immobilier), offering new-build apartments and houses for sale and investment across metropolitan France. Closely comparable to LNC in product mix, VEFA sales model, and fiscal-scheme marketing.
• Réalités: Mid-cap French real estate developer developing new residential, serviced-senior, healthcare, and business property. Comparable in mid-market positioning, diversified product mix (residential + managed/senior residences), and regional French footprint.
• Eiffage Immobilier: Real estate development arm of Eiffage group developing new-build housing across France. Comparable in residential product offering, geographic diversification, and integrated-group structure similar to LNC's Bassac affiliation.
• Bouygues Immobilier: Developer arm of Bouygues group developing new residential and commercial real estate across France. Directly competes with LNC in new-build apartment sales, PTZ/LMNP marketing, and geographic footprint.
• Vinci Immobilier: Real estate development subsidiary of the Vinci group, building new residential and commercial property across France. Comparable in new-build residential offering, geographic breadth, and integration with a larger industrial group.
• Kaufman & Broad: Listed French homebuilder focused on new single-family homes and apartments for first-time buyers and investors. Closely comparable mid-market positioning, fiscal-incentive marketing, and VEFA model.
• Altarea: French listed real estate developer operating in residential, retail and office segments. Comparable in residential new-build product offering, listing of French fiscal schemes, and mixed-use/multi-product strategy.

Others

• Saint-Gobain Distribution Bâtiment France: French building materials distribution business (Point.P, etc.). Adjacent ecosystem participant supplying materials into LNC's new-build projects; useful comparable for French construction value-chain economics rather than direct competition.

Emerging players

• Réside Études: French developer and operator of managed residences (student, seniors, business). Comparable to LNC's Senioriales sub-brand and managed-residence investment product (LMNP/LLI résidence gérée) but specialized in operating rather than only developing.

Broad incumbents

• Icade: Listed French real estate company active in residential, commercial, and healthcare property. Comparable in publicly listed French real estate operations but with a broader portfolio mix (commercial/healthcare) than LNC's residential focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/LesNouveauxConstructeurs
• Facebookfacebook.com/lesnouveauxconstructeurs
• LinkedInlinkedin.com/company/les-nouveaux-constructeurs

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Les Nouveaux Constructeurs