PATRIMONIA CAPITAL

What PATRIMONIA CAPITAL does

Patrimonia Capital SAS is the AMF-regulated management company (GP-19000008) of the independent Groupe Patrimonia, headquartered at 11 rue Christophe Colomb in Paris's 8th arrondissement. Founded in 2019 within a group established more than 25 years ago by Jean-Hubert Moitry, it manages approximately €1.1 billion in assets across three product lines: SCPI Patrimonia Capital & Rendement (a variable-capital yield SCPI launched in 2024, targeting a 6% distribution rate and 6.5% IRR on peripheral commercial and logistics real estate); three OPPCI professional private real estate funds (a €62M family-office portfolio, a €71M club deal, and an up-to-€300M institutional portfolio in liquidation); and the Patrim'Hôtels hotel club-deal program operated with HMV (three vintages since 2020, 7 hotels, 420+ rooms, €50M+ invested).

The company's underlying platform combines internalised property and asset management (no external property manager), an ESG analysis grid for monitoring energy-performance actions on assets, and a hotel co-investment platform integrated with operator HMV and brand partners such as Best Western. Distribution is run through dedicated partnership directors targeting Conseillers en Gestion de Patrimoine (CGP), private banks, family offices, and institutional investors, supported by Vasco.fund digital investor and partner portals.

The revenue model is asset-management-fee-driven: recurring SCPI and OPPCI management fees on AUM (third-party AUM of approximately €370M plus the group's wider €1.1B book), supplemented by transaction-related economics on hotel club deals. Capital structure is conservative at €1.5M share capital, with ~17 employees and no external private equity backing disclosed.

Name

PATRIMONIA CAPITAL

Legal name

PATRIMONIA CAPITAL SAS

Website

https://patrimonia-capital.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Trust, Fiduciary, and Custody Activities (523991)

SIC

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

akta.pro industry

PRIMARYFSAAANAB

Corporate & Institutional Trust Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSABADAF

Family Office Services (Single & Multi-Family Office)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Private Banking

SECONDARYFSANAHAN

Corporate Strategic Real Assets & Infrastructure Venture Investing

Financial & Insurance/Private Equity & Venture Capital/Corporate Venture Capital (CVC)

Keywords

• Real estate asset management
• Commercial real estate investment
• SCPI management
• Professional real estate funds
• Hotel investment club deals

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. SCPI Management Fees: Revenue generated from management of the SCPI (Société Civile de Placement Immobilier) Patrimonia Capital & Rendement. The SCPI charges subscription fees and ongoing management fees for overseeing the diversified real estate portfolio.
2. OPPCI Management Fees: Revenue from managing three professional private real estate funds (OPPCI) for family offices, professional investors, and institutional clients. Management fees based on assets under management.
3. Hotel Club Deal Returns: Returns from hotel investments through Patrim'Hôtels private club deals. Revenue derived from hotel property appreciation and business operations through operator HMV.
4. Third-Party Asset Management: Management fees for real estate assets managed on behalf of third parties (€370M mentioned as assets managed for account of third parties).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Patrimonia Capital is the AMF-authorized management company of the independent Patrimonia Group, managing approximately €1.1 billion in diversified commercial real estate and hospitality assets. It manages three core product lines: (1) the SCPI Patrimonia Capital & Rendement, a variable-capital yield fund investing in peripheral commercial, SME/PMI, and last-mile logistics real estate in France; (2) OPPCI professional private real estate funds serving family offices and institutional investors; and (3) the Patrim'Hôtels private hotel club deals developed with operator HMV since 2020.

Product overview

PATRIMONIA CAPITAL operates as a real estate asset management company offering three core product lines: (1) SCPI Patrimonia Capital & Rendement, a diversified yield SCPI with variable capital targeting peripheral commercial real estate and logistics; (2) OPPCI professional private real estate funds for institutional and family office investors; and (3) Patrim'Hôtels club deal hotel investments. The company also provides investor and partner online platforms for client access.

Differentiator

Problem solved

Functional benefit

Products and services

• SCPI Patrimonia Capital & Rendement A diversified yield SCPI (Société Civile de Placement Immobilier) with variable capital, investing in peripheral commercial real estate, SME/PMI activity spaces and offices, and last-mile logistics facilities in France. Targets a 6% annual distribution rate and 6.5% target IRR over an 8-year recommended holding period. Designed for individual investors accessing real estate exposure through wealth management advisors and private banks.
• OPPCI (Fonds Immobiliers Professionnels Privés)

Quantifiable outcome

• Target distribution rate of 6% (gross of tax) for SCPI investors
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• HMV (Hotels & Management Voyage)coreStrategic or Co-development Partner · 1 January 2020HMV, founded by Samuel Thomas, is the operator and manager partner for the Patrim'Hôtels hotel club deals. The partnership has developed three private club deals (Patrim'Hôtels I, II & III) since 2020, comprising 7 hotels with over 420 rooms and €50M+ total investment. HMV handles hotel operations while Patrimonia Capital manages the real estate assets and business interests.
• CGP (Conseillers en Gestion de Patrimoine) networkcoreChannel Partner/ Reseller/ DistributorNetwork of independent wealth management advisors distributing SCPI products to individual investors. Partnerships managed by dedicated partnership directors (Vincent Colin and Clément Cossy).
• Private banks (Banques privées)coreChannel Partner/ Reseller/ DistributorPrivate banking institutions distributing Patrimonia Capital investment products to high-net-worth clients. Mentioned as key distribution channel alongside CGP.
• Best Western (International Hotel Group)minorChannel Partner/ Reseller/ DistributorInternational hotel brand partnerships for hotels in the Patrim'Hôtels portfolio: Best Western Plus Le Havre Centre Gare and Grand Hôtel Grenoble (BW Premier Collection). Brand licensing and marketing support through international franchise network.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Primonial REIM: Primonial REIM is a major French real estate asset manager offering SCPI, OPPCI, and club deal products distributed through CGP networks, representing a larger-scale direct competitor to Patrimonia Capital in the same product categories.
• Perial Asset Management: Perial Asset Management is a French SCPI and OPPCI manager with multi-decade track record distributing real estate investment vehicles through CGP and private bank networks, directly comparable to Patrimonia Capital's product mix and distribution model.
• Corum Asset Management: Corum is a specialist French SCPI manager (Corum Origin, Corum XL, Corum Eurion) with strong CGP distribution and a focus on European commercial real estate, directly competing with Patrimonia Capital's SCPI product.
• La Française Real Estate Managers: La Française REM manages a broad suite of French SCPIs and OPCI vehicles for retail and institutional investors, representing a larger direct competitor to Patrimonia Capital with similar CGP distribution focus.
• Norma Capital: Norma Capital is a smaller French SCPI manager (Fair Invest, Vendôme Régions) with similar scale and product offering to Patrimonia Capital, distributed primarily through CGP advisors in France.
• Paref Gestion: Paref Gestion manages SCPI (Interpierre, Pierre 48, Atlantique Pierre 1) and OPPCI vehicles for retail and professional investors in France, operating with a comparable business model to Patrimonia Capital in commercial real estate investment management.
• Sofidy: Sofidy is one of France's leading independent SCPI/OPPCI asset managers (subsidiary of Tikehau Capital), with comparable product structure (SCPI for retail, OPPCI for institutional) and similar distribution through wealth advisors in the French market.

Broad incumbents

• Amundi Real Estate: Amundi Real Estate is the real estate arm of Amundi (Europe's largest asset manager), offering SCPI, OPCI, and institutional real estate solutions across Europe — a broad incumbent competitor in the same product categories as Patrimonia Capital.
• Covivio: Covivio is a listed European REIT with significant French commercial real estate and hotel exposure, representing a broader incumbent that operates at the asset level overlapping with Patrimonia Capital's investment focus areas.
• Swiss Life Asset Managers France: Swiss Life Asset Managers France offers SCPI (such as SwissLife Pierre), OPPCI, and institutional real estate mandates, representing a broad incumbent player with a comparable product range and CGP/private bank distribution to Patrimonia Capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/patrimonia-capital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 PATRIMONIA CAPITAL