Foncière de Transformation Immobilière

Name

Foncière de Transformation Immobilière

Legal name

La Foncière de Transformation Immobilière

Website

https://fti-fonciere.fr

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Social Housing Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Commercial and Institutional Building Construction (23622)

SIC

Services-To Dwellings & Other Buildings (7340), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

International Student Housing Placement & Management (BPAJAJAL)

Keywords

• Social housing transformation
• Office-to-residential conversion
• Real estate development
• Urban redevelopment
• Affordable housing

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Social Housing Rents & Property Management: FTI acquires and repurposes properties, then enters bail-a-construction agreements with social housing operators (bailleurs sociaux) who manage the properties long-term and collect regulated rents. Revenue is generated through the ownership and valorization of transformed real estate assets, backed by €461 million in capital from Groupe Action Logement.
2. Public Subsidies & Policy-Driven Development: FTI's projects benefit from public funding mechanisms including Action Coeur de Ville programs, EPL (Établissement Public Foncier) land portage, and government-subsidized housing grants. These mechanisms support the economics of converting low-value office stock into regulated social housing.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Foncière de Transformation Immobilière (FTI) acquires and repurposes vacant office buildings, commercial spaces, industrial sites, hotels, and former public buildings (hospitals, courts, URSSAF offices) into social, intermediate, and student housing across France. The company engages with municipalities and public land agencies to identify transformation opportunities, then delivers projects through bail-à-construction agreements with social housing operators (bailleurs sociaux) who develop and manage the housing long-term. FTI's portfolio spans 72 operations and 7,534 homes delivered or in development, with 85% of housing rated energy label A or B.

Product overview

Foncière de Transformation Immobilière (FTI) is a real estate investment company specializing in transforming vacant office buildings, commercial spaces, and underutilized structures into social and intermediate housing across France. The company operates as a single-purpose real estate transformation platform rather than a modular software product. Its portfolio consists of transformation projects organized by housing type: student residences, family housing (social LLS and intermediate LLI), senior-adapted housing, and mixed residential complexes. FTI also provides an interactive operations map tool for tracking project status. As of recent data, the company has engaged 72 operations delivering 7,534 homes, with 85% rated energy label A or B. FTI is a subsidiary of Action Logement Groupe.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 7,534 homes delivered or in development across 72 operations in France
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

19 partnerships are on record, tiered core, major and supporting.

• La Place de l'ImmobiliercoreStrategic or Co-development Partner · 1 April 2023Co-initiator of the national Bureau Consortium launched April 2023. La Place de l'Immobilier contributes strategic vision and analytical methodology for quantifying and segmenting the French office stock (~180M m²) into marketable, non-marketable private, and public categories, identifying vacancy and transformation opportunities nationwide.
• Linkcity (Bouygues Construction)coreStrategic or Co-development Partner · 1 April 2023Co-creator of the Bureau Consortium alongside FTI and La Place de l'Immobilier. Linkcity, with 30 years of urban development expertise and 25 regional offices, contributes technical expertise in urban mutation projects and multi-use program design for complex site transformations.
• Seqens (Bailleur Social)coreChannel Partner/ Reseller/ Distributor · 1 June 2021Seqens and its subsidiary Seqens Solidarités act as bailleurs sociaux and maîtres d'ouvrage on multiple FTI operations including FTI's first Parisian operation (7-9 rue des Frères Morane, Paris 15e), Corbeil-Essonnes Darblay (131 units), and other projects. Seqens develops, owns, and manages the housing stock long-term.
• Immobilière 3FcoreChannel Partner/ Reseller/ DistributorImmobilière 3F serves as bailleur and maître d'ouvrage on several FTI projects including Jouy-en-Josas (75 units), Boulogne-Billancourt (52 units), and Paris 20e (12 units). 3F is one of France's largest social housing operators and a key partner in FTI's development pipeline.
• In'li (Bailleur Intermédiaire)coreChannel Partner/ Reseller/ DistributorIn'li specializes in intermediate-rent housing (LLI) and serves as bailleur and maître d'ouvrage on FTI projects including Noisy-le-Grand Montaigne (51 units) and Suresnes Tour Ventôse (73 units). In'li is an Action Logement subsidiary focused on housing essential workers and middle-income households.
• Vivest (Bailleur Social, Groupe CDC Habitat)majorChannel Partner/ Reseller/ DistributorVivest serves as bailleur on FTI projects in Grand Est including the URSSAF Lorraine transformation in Metz (78 student units) and the senior-adapted housing project in Longeville-lès-Metz (17 units).
• LogiRep (Bailleur Social)majorChannel Partner/ Reseller/ DistributorLogiRep serves as bailleur social on FTI's Suresnes CNPA project (127 student units at 50 rue Rouget de Lisle), with Baffy Promotion as developer and Atelier Arago as architect.
• Domial (Bailleur Social, Action Logement)majorChannel Partner/ Reseller/ DistributorDomial, an Action Logement subsidiary, is the bailleur for FTI's Strasbourg projects including the former Cour des Comptes (57 student units) and the Faubourg de Pierre transformation (57 student units), in partnership with LaMa/Ballast architects.
• Seqens Solidarité (Bailleur Social)majorChannel Partner/ Reseller/ DistributorSeqens Solidarité, a subsidiary of Seqens, serves as bailleur and maître d'ouvrage on FTI's Corbeil-Essonnes operations including Résidences Darblay (108 student + 23 family units) and Chantemerle (79 student + 2 EICSP public facilities).
• RIVP (Régie Immobilière de la Ville de Paris)majorChannel Partner/ Reseller/ DistributorRIVP serves as bailleur and maître d'ouvrage on two FTI Paris projects: Paris 20e Rue de la Plaine (79 family units + 2 shops + a daycare) and Paris 12e Cours de Vincennes (107 units including 93 student and 14 family units).
• Seqens (Bailleur Social) — Morangis ProjectmajorChannel Partner/ Reseller/ DistributorSeqens acts as bailleur and maître d'ouvrage for FTI's Morangis project (120 family units at 140 avenue Charles-de-Gaulle), a deconstruction-reconstruction project targeting 100% aided housing (60 LLI + 60 LLS), with expected delivery May 2027.
• Établissement Public Foncier d'Île-de-France (EPFIF)majorChannel Partner/ Reseller/ DistributorEPFIF acquires and holds land/buildings temporarily on behalf of municipalities before transferring them to FTI-led projects. FTI worked with EPFIF on the Jouy-en-Josas project (59 social + 16 BRS units) to secure the site.
• Établissement Public Foncier de Grand Est (EPFGE)majorChannel Partner/ Reseller/ DistributorEPF Grand Est serves as primary land holder for the Longeville-lès-Metz project (17 senior-adapted units), acquiring the former bank agency building before transfer to the FTI-Vivest partnership.
• BOMA (Économie Circulaire AMO)supportingImplementation/ SI/ Consulting PartnerBOMA acts as circular economy consultant (AMO) on FTI's Strasbourg projects, ensuring material reuse and recycling from deconstruction — 29.54 tonnes of materials preserved from 521 tonnes of demolition waste at the former Cour des Comptes project.
• Paris Habitat (Bailleur Social)majorChannel Partner/ Reseller/ DistributorParis Habitat serves as bailleur and maître d'ouvrage on FTI's Paris 8e project (43-45 Rue Laborde: 10 social + 8 intermediate family units), transforming the historic Grand Garage Haussmann (1939 Art Deco building) into housing.
• SERPI / PRODERIM (Promoteur)supportingChannel Partner/ Reseller/ DistributorSERPI/PRODERIM acts as developer and maître d'ouvrage alongside Immobilière 3F on FTI's Boulogne-Billancourt project (52 family units + 1 commercial space), transforming former warehouses at 19 avenue du Général Leclerc.
• Eiffage Immobilier (Promoteur)supportingChannel Partner/ Reseller/ DistributorEiffage Immobilier serves as developer on FTI's Draveil project (L'Effigie: 44 units, 21 LLS + 23 LLI) and Jouy-en-Josas (16 BRS units), working alongside SeqENS and Immobilière 3F.
• Clairsienne (Bailleur Social)majorChannel Partner/ Reseller/ DistributorClairsienne acts as bailleur and maître d'ouvrage for FTI's Bordeaux Saint-Louis project (104 social student units), transforming a former 1990s EHPAD into a university residence, with BAOBAB architecture and expected delivery February 2027.
• Néolia (Bailleur Social)majorChannel Partner/ Reseller/ DistributorNéolia serves as bailleur, maître d'ouvrage, and property manager for FTI's Strasbourg Edel project (22 social units at 12 rue Edel), transforming a former Orange office building near the city center.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Régie Immobilière de la Ville de Paris (RIVP): Paris municipal social housing operator partnering with FTI on Paris 20e and Paris 12e projects. Direct peer as a bailleur social focused on urban family and student housing in the same geography where FTI is most active.
• In'li: Intermediate-rent housing (LLI) specialist and Action Logement subsidiary that partners with FTI on Noisy-le-Grand and Suresnes projects. Direct peer given overlapping focus on intermediate housing for essential workers and middle-income households.
• Domial: Action Logement subsidiary operating as bailleur social in Grand Est, serving as FTI's partner on Strasbourg transformation projects including the former Cour des Comptes. Direct peer due to overlapping operations in the same French social housing ecosystem.
• Vivest (Groupe CDC Habitat): Social housing operator under CDC Habitat serving as FTI's bailleur on Grand Est projects including Metz URSSAF Lorraine and Longeville-lès-Metz senior housing. Direct peer in social housing transformation projects.
• Immobilière 3F: One of France's largest social housing operators, serving as bailleur and maître d'ouvrage on FTI projects in Jouy-en-Josas, Boulogne-Billancourt, and Paris 20e. Direct peer as social housing developer/manager operating under the same French regulatory frameworks as FTI.
• Seqens: French social housing operator (bailleur social) that acts as maître d'ouvrage on multiple FTI projects including the Paris 15e, Corbeil-Essonnes Darblay, and Morangis operations. Highly comparable as both a developer/manager of social housing stock and a key FTI channel partner.
• Paris Habitat: Major Paris-focused social housing operator partnering with FTI on the Paris 8e Grand Garage Haussmann transformation. Direct peer as a public social landlord operating in the same urban transformation niche.

Emerging players

• Linkcity (Bouygues Construction): Bouygues Construction's urban development arm and FTI consortium partner in the national Bureau Consortium. Comparable as a developer focused on urban mutation and complex site transformations, with 25 regional offices and 30 years of experience.

Broad incumbents

• CDC Habitat: One of France's largest social housing groups, parent of Vivest and a major player across all housing typologies. Broad incumbent operating at national scale across affordable, intermediate, and student housing with overlapping tenant base.
• Bouygues Immobilier: Large French property developer (sister entity of FTI consortium partner Linkcity) with a national residential and urban renewal footprint. Broad incumbent with overlapping urban transformation and affordable housing activities but serving a wider portfolio than FTI's transformation-only focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fonciere-de-transformation-immobili%C3%A8re

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Foncière de Transformation Immobilière