Zaka Investments

What Zaka Investments does

Zaka Investments is a Paris-based private real estate investment company (Foncière) operating as the real estate vehicle of industrialist Pierre Bastid's Family Office. Founded in 2012 and led since inception by Managing Director Romain Yzerman, the firm concentrates on prime Parisian tertiary real estate — office buildings and commercial retail assets — and maintains full control of the value chain from acquisition through financing, asset management, integrated project management, to commercialization or sale. With a core team of approximately ten people, Zaka positions itself for complex, atypical transactions that combine 'quasi-institutional means with decision-making agility,' and has completed over €1.4 billion in cumulative transactions since 2012 with institutional disposals to major European real estate investors (Generali, AEW, Ardian, DWS, Union Investment, among others).

Beyond its Parisian office and retail core, Zaka is the majority shareholder of the Evok Collection luxury hotel group, providing full-stack real estate development services for the brand: sourcing, acquisition, structuring, permits, and construction management through delivery to Evok for operation. The hotel portfolio comprises five operating properties (Brach Paris, Nolinski Paris, Cour des Vosges, Sinner Paris, Nolinski Venice) plus three hotels in development across France (Nolinski Saint-Tropez), Spain (Brach Madrid), and Italy (Brach Rome, opening Q1 2027). Real estate assets in stock were valued at approximately €550 million as of 31 December 2019, with integrated project teams executing on average €30 million of construction work per year. External collaborators on hotel design include Philippe Starck, Jean-Louis Deniot, Tristan Auer, John Whelan, and architecture firm Lecoadic-Scotto.

The business model operates through three revenue streams: real estate transaction fees on institutional sales of prime Parisian assets, asset management fees on the held portfolio and on Evok Collection's hotel assets, and hotel development management fees for projects delivered to the Evok operating platform. Capital comes from a combination of Pierre Bastid Family Office balance sheet and selective co-investment (e.g., Famille C Participations for Brach Rome). The legal entity is Zaka Investments, SNC, registered in France, with no external institutional investors, PE sponsors, or public-market exposure identified.

Name

Zaka Investments

Legal name

Zaka Investments, SNC

Website

https://zakainvestments.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Zaka Investments is a Paris-based private real estate investment firm (Foncière) operating as Pierre Bastid's Family Office vehicle. It invests in prime Parisian tertiary real estate, executes complex buy/sell transactions for European institutional investors, and develops luxury hotels for the Evok Collection group across Europe.

Ownership category

akta.pro rank

Product category

Real Estate Investment & Asset Management

NAICS

All Other Financial Investment Activities (52399)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC)

akta.pro secondary industry

Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

Keywords

• Prime commercial real estate
• Real estate asset management
• Luxury hotel development
• Family office real estate
• Tertiary real estate investment

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Transaction Fees: Revenue generated from acquisition and sale of prime Parisian commercial real estate properties, including office buildings and commercial portfolios. The company has completed over €1.4 billion in transactions since 2012.
2. Asset Management Services: Asset management fees for managing real estate portfolios on behalf of the Family Office of Pierre Bastid, as well as for the Evok Collection hotel group.
3. Hotel Development Management: As majority shareholder and asset manager of Evok Collection, Zaka Investments handles sourcing, acquisition, structuring, permits, and construction management for hotel developments until delivery to Evok Collection.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Zaka Investments is a private Foncière (real estate investment firm) that acquires, finances, manages, and sells prime Parisian tertiary real estate, executing complex office and commercial wall transactions for institutional investors. It also serves as the asset manager and real estate developer for the Evok Collection luxury hotel group, handling sourcing, acquisition, structuring, permits, and construction management of hotels from delivery through opening. Since 2012 the firm has completed over €1.4 billion in transactions across Paris, Venice, Madrid, Rome, and Saint-Tropez.

Product overview

Zaka Investments is a Paris-based private real estate company (Foncière) operating as the family office of Pierre Bastid. Founded in 2012 and led by Romain Yzerman, the company focuses on prime Parisian tertiary real estate investments and has completed over €1.4 billion in transactions. Zaka Investments holds a majority stake in Evok Collection, a luxury hotel group, and serves as its real estate development arm. The company's portfolio includes five operating hotels (Brach Paris, Nolinski Paris, Cour des Vosges, Sinner Paris, Nolinski Venice) operated by Evok Collection, three hotels in development (Brach Madrid, Brach Rome, Nolinski Saint-Tropez), and a portfolio of commercial office and retail properties across Paris.

Differentiator

Problem solved

Functional benefit

Brands

• Evok Collection: Luxury hotel brand operated by Zaka Investments as majority shareholder, including properties: Brach Paris, Brach Madrid, Brach Rome (opening 2027), Nolinski Paris, Nolinski Venice, Nolinski Saint-Tropez (developing), Sinner Paris, and Cour des Vosges

Products and services

• Brach Paris Five-star luxury hotel located at 37-39 rue de la Pompe in the 16th arrondissement of Paris, operated by Evok Collection. Zaka Investments developed and now asset-manages the property.
• Nolinski Paris Five-star luxury hotel located at 16 avenue de l'Opéra in the 1st arrondissement of Paris, operated by Evok Collection. Zaka Investments developed and now asset-manages the property.
• Cour des Vosges Luxury hotel located at 19 place des Vosges in the 4th arrondissement of Paris, operated by Evok Collection. Zaka Investments developed and now asset-manages the property.
• Sinner Paris Luxury hotel located at 116 rue du Temple in the 3rd arrondissement of Paris, operated by Evok Collection. Zaka Investments developed and now asset-manages the property.
• Nolinski Venice Luxury hotel located at 2033 Calle Larga XXIII Marzo, Venice, Italy, operated by Evok Collection. Zaka Investments developed and now asset-manages the property.
• Brach Madrid Luxury hotel under development at 20 Gran Via in Madrid, Spain, operated by Evok Collection. Zaka Investments is leading the acquisition, structuring, and construction management for this property.
• Brach Rome Luxury hotel under development at 14 Luisa Di Savoia in Rome, Italy, operated by Evok Collection in partnership with Famille C Participations. Property acquired in 2021 with planned opening in Q1 2027.
• Prime Parisian Commercial Real Estate Portfolio Investment portfolio in prime Parisian tertiary real estate including office buildings (bureaux) and commercial retail spaces (murs commerciaux). The portfolio has completed over €1.4 billion in transactions since 2012, with institutional sales to major investors including Generali, AEW, Sofidy, OFI AM, Groupama, Cardiff, Ardian, DWS, and Union Investment.
• Asset Management Services for the Pierre Bastid Family Office Asset management services for the Pierre Bastid Family Office, covering acquisition, financing, asset management, project management, and commercialization or sale of real estate assets on behalf of the family. Zaka Investments manages the portfolio for the Family Office with institutional-quality execution on complex Parisian real estate transactions.
• Hotel Development Management for Evok Collection End-to-end real estate development and asset management for luxury hotels operated by Evok Collection. Services cover sourcing, acquisition, structuring, permits, and construction management of hotels until delivery to Evok Collection for operation. Zaka Investments is majority shareholder and asset manager of the Evok Collection hotel group.

Quantifiable outcome

• Over €1.4 billion in real estate transactions completed since 2012
• +2 more outcomes

Named customers10 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

Partnerships

Six partnerships are on record, tiered core and major.

• Evok CollectioncoreStrategic or Co-development PartnerMajority shareholder of Evok Collection hotel group. Zaka Investments serves as asset manager, handling sourcing, acquisition, structuring, permits, and construction management for hotel developments until delivery to Evok Collection for operation.
• Philippe StarckcoreStrategic or Co-development PartnerInternationally renowned designer providing artistic direction for Evok Collection hotels, including Brach Paris, Brach Rome, and other properties.
• Jean-Louis DeniotmajorStrategic or Co-development PartnerPrestigious French interior designer collaborating on hotel design projects within the Evok Collection portfolio.
• Tristan AuermajorStrategic or Co-development PartnerDesigner collaborating on Evok Collection hotel interior design and development projects.
• Lecoadic-ScottomajorStrategic or Co-development PartnerArchitecture firm collaborating on hotel development projects within the Zaka Investments portfolio.
• John WhelanmajorStrategic or Co-development PartnerDesigner collaborating on Evok Collection hotel interior design and development projects.

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Icade: French office and commercial real estate investor-developer active in Greater Paris, sharing Zaka's investment-and-development model in Parisian commercial property.
• Gecina: Leading French listed office REIT concentrated in the Paris region, overlapping directly with Zaka's prime Parisian tertiary real estate holdings.
• Société Foncière Lyonnaise (SFL): A pure-play foncière specialized in prime central-Paris office and retail real estate, the same asset class and micro-market Zaka targets, though as a larger listed vehicle.
• Covivio: Listed European real estate group combining prime offices with a large hotel portfolio, mirroring Zaka's dual office-and-hotel real estate focus at far greater scale.

Others

• The Set Collection: Owner-operator of prime luxury hotels in European gateway cities (e.g., Paris, London), comparable to Zaka's Evok Collection luxury-hotel real estate ownership though as an operator rather than developer-owner.
• Maisons Pariente: Family-backed French luxury hotel developer-owner creating design-led properties, comparable to Zaka's family-office-funded luxury hotel development via Evok.
• Paris Society: Operator of premium Parisian hospitality and lifestyle venues, an adjacent luxury-hospitality player intersecting with Zaka's Evok Collection hotel positioning in Paris.

Direct peers

• Emerige: Privately held Parisian real estate developer and investor focused on prime, complex Paris assets across offices, residential and mixed-use—directly comparable to Zaka's prime-Paris investment and development model.

Regional players

• Keys REIM: French independent real estate asset manager investing across offices, retail and hospitality, overlapping with Zaka's asset management and value-add real estate activities in France.

Emerging players

• Novaxia: French real estate investment and urban-transformation specialist focused on repositioning complex Paris assets, comparable to Zaka's appetite for complex, atypical Parisian operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/zaka-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

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 Zaka Investments