Hicco

What Hicco does

HICCO is a French real estate developer (promoteur immobilier) that designs, builds, and sells new-build residential properties under the VEFA (off-plan sale) model across three regional territories: Île-de-France, Arc Atlantique (Normandie, Bretagne, Pays de la Loire), and Hauts-de-France. The company was created in January 2019 through the merger of Interconstruction Ouest and Promoparc, and operates with a lean team of approximately 15 employees across three physical agencies in Paris, Saint-Nazaire, and Pérenchies. Its portfolio spans studios to five-room apartments (T1–T5) priced between €205,000 and €750,000, with programmes certified to RT2012 and RE2020 environmental standards and many eligible for the PTZ zero-interest government loan.

The business generates revenue through one-off unit sales to individual homebuyers and buy-to-let investors, with no subscription or recurring revenue model. Distribution is direct: prospects discover programmes via the hicco.fr website (CMS-based, with property listings, contact forms, a personalised quiz, and a referral loyalty programme), then transact through agency-based field sales covering reservation, financing, and deed signing. The company also operates the Hiccoop subsidiary for participatory housing (habitat participatif), where residents co-design their homes from the earliest project stages, and has expanded into adjacent verticals including a 140-room hotel (L'Initial Bordeaux) and a 41-unit pension de famille for social reintegration (Résidence Harris).

HICCO's underlying technology is modest: a CMS-driven website, third-party 3D visualisation tools (threed.fr, ev3d.com), YouTube video embeds, Google Maps integration, and basic newsletter automation. There is no proprietary technology platform, no AI capability, and no API or SDK offering. Differentiation rests on regional proximity, founder expertise (combined 20+ years across Pierre Bordier, François Lebard, and Jean-Noël Orval), 1,400+ delivered units as social proof, and human-scale guidance through the VEFA purchase journey rather than on technology. Geographic expansion has been incremental rather than acquisitive, extending from coastal Atlantic heritage into urban markets including Nantes, Bordeaux, and Lille.

Name

Hicco

Legal name

HICCO

Website

https://hicco.fr

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

HICCO is a French real estate developer that designs and sells off-plan (VEFA) residential properties across Île-de-France, Arc Atlantique, and Hauts-de-France, serving individual homebuyers, buy-to-let investors, and participatory-housing residents through three regional agencies.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. New-build property sales (VEFA): HICCO generates revenue by developing and selling new residential properties to individual buyers and investors under the VEFA model (sale in future completion state). Properties range from studios (T1) to 5-room apartments (T5), with prices spanning from approximately €205,000 to €750,000 depending on location, size, and typology.
2. Hiccoop — participatory housing subsidiary: HICCO has a subsidiary brand, Hiccoop, dedicated to participatory housing (habitat participatif), associating residents with the design of their future housing from the earliest stages of the project. This generates additional development projects under a distinct label (e.g., Résidence L'Initial Bordeaux, Résidence Babolat La Courneuve, Résidence Andersen Trouville).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

HICCO is a French real estate developer (promoteur immobilier) that designs, develops, and sells new-build residential properties across three French regions (Île-de-France, Arc Atlantique, Hauts-de-France) under the VEFA off-plan model. The company delivers apartments ranging from studios (T1) to 5-room units (T5), social housing, and combined residential-hotel projects through its Hicco main brand and Hiccoop participatory housing subsidiary, with approximately 200 units delivered annually.

Product overview

Hicco is a French real estate developer offering residential, service residence, office/commercial, and hotel programs across three geographic regions (Île-de-France, Arc Atlantique, Nord). The portfolio consists of a main brand (HICCO) covering standard residential developments across coastal and urban areas, and the HICCOOP sub-brand dedicated to participatory housing where residents co-design their homes. Current core products include multiple residential programs in various stages (avant-première, lancement commercial, travaux en cours) featuring apartments ranging from studios (T1) to 5-room units (T5), with amenities such as terraces, private gardens, and 3D virtual tours. Hicco also operates specialty programs including a family pension residence (Résidence Harris) and a combined hotel/residential project (Résidence L'Initial). The company delivers approximately 200 units per year across its three regional agencies, with programs complying with RT2012, RE2020, and PTZ standards.

Differentiator

Problem solved

Functional benefit

Brands

• Hiccoop: Filiale dédiée à l'habitat participatif, associant les habitants à la conception de leur futur logement dès les premières étapes du projet.

Products and services

• Hiccoop (Participatory Housing Subsidiary) Subsidiary brand of HICCO dedicated to participatory housing (habitat participatif), where future residents are involved in co-designing their homes from the earliest project stages. Programmes include a 60-unit collective residence plus 140-room hotel (L'Initial Bordeaux), a 19-unit building (Babolat La Courneuve), and a 65-unit building (Andersen Trouville-sur-Mer).
• Résidence Le Halage Residential apartment complex with 29 units (T1–T5) along the Touques river in Trouville-sur-Mer, Normandy. Norman architectural style with Mansard roofs, mixed materials (wood, stone, zinc), two commercial spaces on ground floor.
• Résidence Perle Atlantique Flagship residential complex with 47 units in 7 buildings (T1–T3) on Belle-Île-en-Mer, Brittany. Ocean-facing terraces, local materials, architecture harmonizing with classified landscape.
• Résidence Côte Fleurie Residential complex with 35 units (T2–T3) in Trouville-sur-Mer, Normandy. Combines Art Deco and traditional Norman mansion aesthetics with a landscaped courtyard patio.
• Résidence Philéas Residential complex with 36 units (T2–T5) in two buildings in Orly, Île-de-France. RE2020 certified.
• Résidence Villa Mazy Residential complex with 23 units (T1–T4) in Le Croisic, Pays de la Loire. Balneary location between presqu'île and ocean. PTZ and RT2012 compliant.
• Résidence Harris (Pension de Famille) Family pension residence (pension de famille) with 41 studio units in Armentières, Hauts-de-France, designed for people in social reintegration. Includes community room, tea room, terrace, and garden.
• Résidence Terrasse Atlantique Residential complex with 35 units (T2–T4) in Sion-sur-l'Océan, Pays de la Loire. Ocean views, RE2020 certified.
• Résidence Gallier Intimate residential building with 13 units in Trouville-sur-Mer, Normandy. Norman-style architecture with blue timber framing, balconies, tiled roof, and brick facings. Includes private gardens and loggias.
• Résidence Aquilon Residential building with 17 units (T2–T4) in Nantes, Pays de la Loire. PTZ and RT2012 compliant.
• Résidence L'Initial Combined 60-unit collective residence and 140-room hotel in Bordeaux. HICCOOP-labelled participatory housing programme.
• Résidence Andersen 65-unit residential building in Trouville-sur-Mer. HICCOOP-labelled participatory housing programme. RT2012 compliant.
• Résidence Babolat 19-unit residential building in La Courneuve, Île-de-France. HICCOOP-labelled participatory housing programme.

Quantifiable outcome

• 1,400+ residential units delivered
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Scale indicators8 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Vinci Immobilier: Residential development arm of the Vinci Group, delivering new-build housing, serviced residences, and office properties nationwide. Overlaps with HICCO's residential and serviced-residence product lines across all three of HICCO's regions.
• Altarea (Cogedim): French real estate group operating the Cogedim residential brand across major French cities. Competes with HICCO on new-build apartments, serviced residences, and mixed-use developments, with significantly greater scale and capital resources.
• Icade: French real estate subsidiary of Caisse des Dépôts developing residential, office, and healthcare properties nationally. While focused on larger institutional projects, it competes with HICCO on select residential developments and serviced residences in major French metros.
• Nexity: France's largest residential property developer with national coverage across new-build housing, services, and real estate services. Competes with HICCO for both primary-residence buyers and institutional partners across Île-de-France and regional markets.
• Bouygues Immobilier: Major French residential developer (subsidiary of Bouygues Group) with national presence in new-build housing, serviced residences, and commercial real estate. Directly competes with HICCO on urban residential programs, particularly in Île-de-France.
• Eiffage Immobilier: National French residential developer (subsidiary of Eiffage Group) active across new-build housing, serviced residences, and mixed-use projects. Competes with HICCO across French regional markets with greater financial capacity.
• Kaufman & Broad: One of France's largest residential developers delivering thousands of single-family homes and apartments annually across major French metros. While significantly larger than HICCO, it competes directly for the same primary-residence and investor buyer base across France.

Direct peers

• Groupe Cardinal: Regional French real estate developer based in Rhône-Alpes with comparable size and product mix spanning residential, serviced residences, and hospitality. Like HICCO, it operates as an independent, founder-led group with regional concentration.
• Groupe Réalités: Mid-sized French regional real estate developer operating in western France (Brittany, Pays de la Loire, Nouvelle-Aquitaine) with comparable annual unit volumes and a similar mix of residential and serviced-residence developments. Direct geographic overlap with HICCO's Arc Atlantique footprint.
• Groupe Pichet: Independent French real estate developer with comparable size and regional focus. Pichet operates across residential, serviced residences, and hotel developments in France, with a similar human-scale, multi-region footprint and direct overlap with HICCO's product categories (new-build residential, services, hospitality).

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hicco

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Hicco