What Soliko does

Soliko is a French solidarity investment company (soci\u00e9t\u00e9 en commandite par actions, SCA) founded in 2014 by AG2R LA MONDIALE and the Fondation pour le Logement des D\u00e9favoris\u00e9s, and rebranded from Solifap to Soliko in 2025 to signal its scale-up phase. The company mobilizes unlisted equity capital from individual investors, French institutional asset managers (Mirova, Amundi, BNP Paribas Asset Management, Cr\u00e9dit Mutuel Asset Management, Ecofi, Federal Finance Gestion, MACIF), employee savings funds, and public institutions (Caisse des D\u00e9p\u00f4ts \u2013 Banque des Territoires, France Active), holding €89M of share capital as of 30 September 2025 with €77M+ committed against poor housing. Shareholders benefit from the 25% IR PME ESUS tax reduction and from annual share revaluation of 1\u20132% based on the Net Asset Value (ANR) method; the company pays no dividends.

Soliko deploys this capital through three integrated levers: (1) portage foncier \u2014 acquiring real estate and making it available to partner associations via 30\u201342 year rehabilitation leases (baux \u00e0 r\u00e9habilitation) at average rents of ~€8/m² versus ~€20/m² market; (2) participatory loans and guarantees bridging working capital and subsidy-timing gaps for social housing operators; and (3) a strategic support fund providing consulting in governance, real estate strategy, and organizational capacity. The portfolio spans 100+ partner associations, 450+ dwellings created, and 4,000+ people housed since inception, with operations across metropolitan France and R\u00e9union.

Capital formation runs through the online platform investir.soliko.fr (€543 per share as of February 2026, with a 3% application fee capped at €400), a partnership with the LITA.co crowdfunding marketplace, employee savings fund channels (FCPE/FPS), and dedicated institutional relationship management. The team of 9 sits in Paris, and governance is exercised through a supervisory board with representation from founding shareholders, institutional investors, and social housing operators. ESUS accreditation (renewed May 2023, valid until 2028) and the Finansol label provide the regulatory and credibility backbone for the model.

Name

Soliko

Legal name

Soliko SCA

Website

https://soliko.fr

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Soliko is a French solidarity investment company that mobilizes equity capital from individual and institutional investors to acquire and lease real estate at low rents to social housing associations, having housed over 4,000 people across France and R\u00e9union since 2014.

Ownership category

akta.pro rank

Product category

Solidarity Real Estate Finance

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)

akta.pro secondary industries

Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)

Keywords

• Solidarity investment
• Social housing finance
• Land portage
• Rehabilitation leases
• Impact real estate

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

Revenue model

1. Share Capital Investment (Actions solidaires): Soliko raises capital through the issuance of shares to individual and institutional investors. Investors purchase shares at an annual revalued price (€543 per share as of February 2026, up from €500 in 2014). The company does not pay dividends but reinvests profits into its mission. Share value is revalued annually by 1-2% based on the Actif Net Réévalué (ANR) method.
2. Real Estate Portfolio Returns: Soliko generates returns through its portfolio of real estate assets dedicated to social housing. Properties are acquired, rehabilitated, and made available to partner associations through long-term leases. Rents are set at very low levels (averaging €8/m²) to serve the target population while maintaining the financial equilibrium of operations.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Soliko is a French solidarity real estate company (foncière solidaire) that raises equity capital from individual and institutional investors to finance social housing for vulnerable populations. Capital raised through share subscriptions (€543 per share in 2026) is deployed across three integrated mechanisms: portage foncier (acquiring real estate assets and making them available to partner associations via long-term 30-42 year rehabilitation leases), participatory loans and guarantees for social housing actors, and a strategic support fund providing capacity-building consultancy. The company targets social housing at very low rents (€8/m² average) and has produced 450+ dwellings across France and Réunion since 2014.

Product overview

Soliko operates as a single-product solidarity investment company offering equity stakes that fund social housing initiatives across France. The core product is the purchase of solidarity shares, which finance three integrated mechanisms: land portage (acquiring property for partner associations via long-term leases), participative loans (providing capital to housing organizations), and strategic advisory services. An online subscription platform enables direct investor engagement. Created in 2014 (as Solifap) by AG2R la Mondiale and the Fondation pour le Logement des Défavorisés, the company rebranded to Soliko in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Soliko Solidarity Investment Shares (Actions solidaires) Equity investment in Soliko's solidarity finance company. Investors become 'actionnaires solidaires' (solidarity shareholders) and benefit from 25% IR PME ESUS tax reduction (effective until September 2026) and modest annual share revaluation (1-2% via ANR method). Available to both individual investors and institutional investors via direct subscription or employee savings funds. No dividends; returns through share revaluation only.
• Portage Foncier Solidaire (Land Portage for Social Housing) Direct acquisition of real estate assets by Soliko and their availability to partner associations via long-term 'baux à réhabilitation' (rehabilitation leases) typically of 30-42 years. Enables the creation of very low-rent social housing (€8/m² average vs. €20/m² market) in urban centers where traditional financing is unviable. For associations (loi 1901, MOI, ESUS) and integration housing operators.
• Participatory Loans and Guarantees (Prêts participatifs et garanties) Financial instruments providing working capital bridging and development support to social housing associations. Helps associations manage cash flow gaps when public subsidies are delayed and supports their project development. Targeted at social and solidarity economy (ESS) actors.
• Strategic Support Fund (Fonds d'Accompagnement Stratégique) A dedicated fund providing strategic expertise and consulting services to social housing organizations — including governance, team development, real estate strategy, and organizational capacity building. Complements financial support with non-financial accompaniment.
• Investment Subscription Platform (investir.soliko.fr) Online platform enabling individuals and institutional investors to subscribe to Soliko shares, manage their shareholder account, download individual statements (Etat Individuel), and request share buybacks. Available 11 months per year with shares priced at €543 (2026).

Quantifiable outcome

• 4,000+ people have improved their housing conditions since 2014
• +4 more outcomes

Named customers8 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

Eight partnerships are on record, tiered key, regional and ecosystem.

• SOLIHA Loire-Puy-de-DômekeyStrategic or Co-development PartnerApproved insertion housing developer (Maîtrise d'Ouvrage d'Insertion). First MOI operation in Puy-de-Dôme since 2019 with Soliko. Project in Thiers: 69m² duplex rehabilitation for €120,000 (74% subsidized) with 35-year lease.
• Néma LovékeyStrategic or Co-development PartnerAssociation developing solidarity housing for vulnerable populations in Saint-Étienne and Lyon regions. Soliko provides land banking, participatory loans, and strategic support. 'La Rez' project: 18-unit residence for young adults with 42-year rehabilitation lease.
• SERM (Société d'Équipement de la Région Montpelliéraine)regionalStrategic or Co-development PartnerMetropolitan development company in Montpellier. Provides land for social housing projects, working with Soliko on rehabilitation leases to enable very social housing (PLAI) that standard social landlords cannot finance.
• Adages (Montpellier)regionalStrategic or Co-development PartnerMedico-social group acting as insertion housing developer (MOI) in Montpellier region. Uses Soliko's land banking for very social housing projects at €8/m² average rent.
• H&H Gestion AlsaceregionalStrategic or Co-development PartnerSocial housing agency managing properties through locative intermediation in Alsace. Partner in Strasbourg 'Logement d'abord' program with 8-unit building. Anne Merschein coordinates social support.
• FAIR (formerly Finansol)ecosystemOthersIndustry federation for solidarity finance, formed in 2021 from merger of Finansol and iiLab. Manages the Finansol label and federates 110+ solidarity enterprises, banks, asset managers, NGOs. Soliko is a member.
• Croix-Rouge (Red Cross)regionalStrategic or Co-development PartnerInterim occupation of La Corraterie building in Montpellier during rehabilitation phase, with participatory construction involving residents. Future: 15-unit very social housing project.
• FratrieskeyStrategic or Co-development PartnerAssociation creating shared housing (coliving) for young adults with and without disabilities. Soliko purchased and financed rehabilitation of shared habitat in Rennes and new house in Versailles. Emmanuel de Carayon, co-founder, emphasizes Soliko's role in making their model possible.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• France Active: National network financing ESS entrepreneurship through participatory loans, equity and guarantees. Comparable mission and capital-intermediation role in the social economy; represented on Soliko's supervisory board and a current capital provider.
• Emmaüs Habitat: Major French social housing operator affiliated with the Emmaüs movement, producing and managing affordable housing for excluded populations. Overlaps with Soliko's beneficiary base and is a direct operational partner (Delphine Depaix on Soliko's directoire).
• Adoma: Large national operator of social housing for vulnerable and migrant populations, now part of CDC Habitat. Addresses the same end-clients as Soliko at much greater scale, but as a public-group HLM rather than a citizen-funded foncière.
• Mirova: Natixis-owned dedicated impact investment asset manager offering solidarity FCPEs and ISR funds that invest in Soliko. Comparable in the solidarity-finance value chain as a fund-of-funds / impact allocator, not as a direct real estate operator.

Emerging players

• LITA.co: Crowdfunding platform dedicated to solidarity, social and environmental enterprises in France. Comparable retail investor channel for impact investing and an explicit Soliko distribution partner via which individual subscribers invest.
• MiiMOSA: French crowdfunding platform for sustainable agriculture, food and real estate projects. Comparable retail impact-investing distribution model with overlap in solidarity-finance branding, though focused on rural and food assets.

Direct peers

• Terre de Liens: Foncière solidaire pooling citizen and institutional capital to acquire agricultural land for organic and peasant farming. Uses a near-identical share-based capital-raising structure, ESUS accreditation and Finansol label, but targets agricultural rather than housing assets.
• Foncière Chênelet: Cooperative foncière solidaire focused on producing very social housing in rural and peri-urban France via rehabilitation leases. Highly comparable capital-raising model and tenant profile, with a smaller, geographically narrower footprint.
• Habitat et Humanisme: France's largest foncière solidaire, pooling private capital to acquire and rehabilitate properties rented to vulnerable populations. Closest comparable in mission, structure (capital-raising foncière), and end beneficiaries, but operates at significantly larger scale.

Others

• Crédit Coopératif (Ecofi): Cooperative bank and parent of Ecofi, an asset manager running solidarity FCPEs that invest in Soliko. Adjacent financial-services peer operating the savings infrastructure that channels institutional capital into Soliko.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/soliko

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 Soliko