France Tourisme Immobilier

What France Tourisme Immobilier does

France Tourisme Immobilier is a French société operating in the tourism and real-estate sector, with its registered base in Arches, France. Its stated business is the ownership and management of real-estate assets. The company is publicly listed on Euronext Paris under the ticker MLFTI (epa:MLFTI) and is classified as a for-profit entity with 11-50 employees.

Despite the public-listing status, the company's operating footprint is minimal. Its web presence functions almost exclusively as an investor-relations portal, surfacing French-mandated regulated information: management reports, statutory auditor reports on annual accounts and regulated agreements, an ad hoc auditor report on equity irregularities, AGM convening notices, voting and proxy forms, and shareholder document-request forms. The site does not describe any product, service, technology, pricing, customers, distribution channels, or marketing activity.

The most material disclosed business signal is the filing, dated 3 June 2026, of an ad hoc auditor report stating that shareholders' equity had not been reconstituted as of 31 December 2025 — a French statutory threshold that triggers heightened disclosure and, ultimately, dissolution risk if not cured. Combined with five consecutive years of negative operating income in the disclosed financials, the evidence points to a thinly capitalised public shell whose principal activity is now regulatory disclosure and shareholder communications rather than active real-estate operations.

Name

France Tourisme Immobilier

Legal name

France Tourisme Immobilier

Website

https://francetourismeimmobilier.fr

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

France Tourisme Immobilier is a publicly listed French micro-cap (Euronext: MLFTI) that owns and manages real-estate assets, now operating primarily as a regulated disclosure shell with unresolved equity deficiencies flagged in its FY2025 auditor report.

Ownership category

akta.pro rank

Product category

Tourism Real Estate Asset Management

NAICS

Traveler Accommodation (7211)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

Keywords

• Tourism real estate
• Real estate management
• Property asset ownership
• Hospitality real estate
• Real estate investment

Headquarters

HQ city

Arches

HQ country

France

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Core offering

France Tourisme Immobilier specializes in owning and managing real estate assets, with a focus on the tourism and hospitality sector in France. The company's website operates primarily as an investor relations portal, providing access to financial reports, annual accounts, auditor reports, AGM notices, and shareholder communications. The business is centered on holding and managing tourism-oriented real estate properties for the benefit of its shareholders.

Product overview

France Tourisme Immobilier is a French company operating in the tourism and real estate sector. The website serves primarily as an investor relations portal, providing access to financial reports, annual accounts, auditor reports, and shareholder meeting information (AGM notices and related documents). The site does not appear to offer specific product or service descriptions, but rather focuses on corporate governance and financial disclosures.

Differentiator

Problem solved

Functional benefit

Products and services

• Tourism Real Estate Asset Ownership and Management Ownership and management of tourism-oriented real estate assets in France. The company holds and operates real estate properties serving the French tourism and hospitality sector, generating returns for its shareholders.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Broad incumbents

• Covivio: Major European real estate operator listed in Paris with hospitality and tourism-related assets. Comparable as a French-listed real estate company holding hospitality-adjacent properties, though much larger and more diversified.
• Klépierre: Leading Paris-listed retail real estate company. Comparable as a French-listed property operator, though focus is on shopping centers rather than tourism real estate.
• Société Foncière Lyonnaise: Paris-listed real estate company focused on prime commercial property. Comparable as a small French-listed property company with similar governance and disclosure structure, though exposure is office-led rather than tourism-focused.

Direct peers

• Pierre et Vacances: French tourism real estate company owning and operating vacation resorts, residences, and tourism properties. It is the most direct functional comparable to France Tourisme Immobilier given its focus on tourism-oriented real estate ownership and management in France.
• Belambra Clubs: French vacation resort company operating owned and managed holiday properties. Comparable as a French tourism-real-estate operator with business model overlap in vacation property management.
• Patrimoine et Commerce: Small French listed real estate company focused on retail parks and adjacent commercial assets. It is comparable as a small Euronext-listed French real estate entity with similar limited operational scale and disclosure profile.
• Foncière des Murs: French real estate company historically focused on hospitality and tourism properties (hotels, leisure). It is a direct peer in the niche of tourism real estate ownership and asset management in France.

Regional players

• Fimalac: French holding company with historical real estate and tourism interests. Comparable as a French-listed entity with tourism/real estate exposure, though primary business has shifted toward entertainment and luxury.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 France Tourisme Immobilier