Soreqa

What Soreqa does

Soreqa is a French Société Publique Locale d'Aménagement (public development company) founded in 2010 by the City of Paris and Plaine Commune, headquartered at 8 boulevard d'Indochine, Paris 19th. Its mission is the comprehensive treatment of unhealthy and degraded housing (habitat indigne) in the old urban centers of Greater Paris. The company delivers six integrated core services — pre-operational studies (études pré-opérationnelles), land acquisition (action foncière), interim property management (gestion intercalaire), resident relocation (relogement), urban development (aménagement), and private rehabilitation support (appui à la réhabilitation privée) — through operational programs including the DILHI (intercommunal degraded housing device) and OPAH-RU (programmed housing improvement and urban renewal) frameworks.

Soreqa operates under concession treaties (traités de concession) granted by its public shareholder-collectivities: Paris, Plaine Commune, Est Ensemble, Paris Ouest La Défense, Métropole du Grand Paris, and Grand Paris Grand Est. This SPL status confers delegated public authority, including expropriation and preemption powers, enabling Soreqa to acquire properties that private operators cannot resolve. Once degraded buildings are secured and occupants relocated, Soreqa transfers remediated land to social housing operators (Immobilière 3F, Elogie-Siemp, CDC Habitat) for new construction. Active programs include the 16-hectare ZAC de la Fraternité in Montreuil (target completion 2030), Pantin Quatre-Chemins (€41M NPNRU budget), and Sept-Arpents (€36M). In 2024, the company targeted 538 degraded addresses across 13 municipalities, with 539 buildings under treatment as of June 2026.

The company employs approximately 50 collaborators and is led by Director General Olivier Fraisseix (also heading Elogie-Siemp since January 2025) and President Adrien Tiberti (elected June 2026). Soreqa generates revenue through public concession fees, operating subsidies from shareholder-collectivities, and proceeds from property development cycles. The business model is institutional by design: there is no commercial sales motion, and growth is bounded by Greater Paris-area public policy cycles and budgetary capacity rather than market dynamics.

Name

Soreqa

Legal name

SOCIETE DE REQUALIFICATION DES QUARTIERS ANCIENS (SOREQA)

Website

https://soreqa.fr

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Soreqa is a French public development company (Société Publique Locale) that remediates unhealthy housing in Greater Paris under concession mandates from its public shareholder-collectivities. It manages the full lifecycle of habitat indigne treatment, from acquisition and relocation to demolition, rehabilitation, and transfer to social housing operators.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Public concession and mandate fees: Soreqa operates as a Société Publique Locale (SPL) funded through concession treaties with its shareholder-collectivities. Revenue is derived from public mandates, subsidies, and fees for urban renewal operations. The company also generates income from property development proceeds when land is sold to social housing operators after remediation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Soreqa is a public local development company (Société Publique Locale d'Aménagement) that provides comprehensive treatment of unhealthy and degraded housing (habitat indigne) in old urban centers of the Greater Paris region. Its services span pre-operational feasibility studies, land acquisition and interim property management, social relocation of vulnerable occupants, urban development and reconstruction, and private owner rehabilitation support. The company operates exclusively under public concession mandates from its shareholder-collectivities.

Product overview

Soreqa is a Société Publique Locale d'Aménagement (public urban development company) that operates as a single, unified service offering focused on treating indecent housing in old urban centers. The company provides six integrated core services: Etudes pré-opérationnelles (pre-operational studies), Action foncière (land management), Gestion du Patrimoine (interim property management), Relogement (relocation assistance), Aménagement (urban development), and Appui à la réhabilitation privée (private rehabilitation support). These services work together in a comprehensive approach addressing both public appropriation and private owner support, with operational programs like DILHI and OPAH-RU enabling flexible interventions across multiple territories in the Greater Paris region.

Differentiator

Problem solved

Functional benefit

Products and services

• Etudes pré-opérationnelles (Pre-operational Studies) Pre-operational feasibility studies to help territorial collectivities choose the best scenario for urban requalification projects, including technical, financial, and social feasibility assessments. Service is commissioned by public shareholder-collectivities.
• Action foncière (Land Acquisition) Land acquisition and management operations to purchase degraded properties and resell them after development, enabling public land control for requalification projects. Exercises delegated public authority powers including expropriation and preemption rights. Service is commissioned by public shareholder-collectivities.
• Gestion du Patrimoine (Interim Property Management) Interim property management services to handle the transition period while addressing indecent housing conditions, including both technical and social management of properties pending demolition or rehabilitation. Service is commissioned by public shareholder-collectivities.
• Relogement (Resident Relocation) Relocation assistance services providing tailored solutions for each occupant of degraded housing, including social and medical support during and sometimes after the moving process. Service is commissioned by public shareholder-collectivities.
• Aménagement (Urban Development)

Quantifiable outcome

• 538 addresses targeted in 2024 across 13 municipalities; 100 households relocated at Les Fauvettes; 98% of lots acquired amicably at Les Fauvettes
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and notable.

• CDC HabitatcoreStrategic or Co-development Partner · 6 November 2025Soreqa and CDC Habitat conduct cross-visits and exchange on their respective interventions, notably on lot ownership actions (portage de lots) in degraded condominiums. CDC Habitat's Direction de la rénovation des copropriétés dégradées shared its experience at Sarcelles ORCOD, while Soreqa presented its NPNRU and OPAH RU operations at Pantin Quatre-Chemins. The partnership focuses on knowledge sharing and best practice exchange on degraded housing remediation.
• Elogie-SiempcoreStrategic or Co-development Partner · 12 May 2025Elogie-Siemp is the social housing operator (bailleur social) that executes most of Soreqa's reconstruction and rehabilitation projects in Paris. Shared leadership: Olivier Fraisseix serves as Director General of both Soreqa and Elogie-Siemp. Joint operations include 40-42 rue Marx Dormoy (46 social housing units), 99 rue des Couronnes, and numerous Paris projects.
• Immobilière 3FcoreChannel Partner/ Reseller/ Distributor · 12 May 2025Immobilière 3F is the primary social housing operator commissioned by Soreqa to develop remediated land into social housing. Projects include: Saint-Denis (14 social units, 1 commerce), Bagnolet Jules Ferry (17 social + 29 accession + 2 shops + 1 nursery), Bobigny (13 intermediate/social units), and Pantin (Méhul: 23 social units; Béranger: 5 intermediate units).
• Réseau des Villes contre l'Habitat IndignenotableStrategic or Co-development Partner · 10 February 2025Soreqa participates in the national network of cities fighting unhealthy housing, co-organizing national days of mobilization with ANRU, ANAH, and peer operators from Marseille, Lille, Rennes, Bordeaux, and Mulhouse. Sylvie Froissart contributed to workshops on coercive tools for local authorities.
• Olivier Fraisseix (Director General)coreOthers · 1 January 2025Olivier Fraisseix, formerly Secretary General Deputy of the Ville de Paris, was appointed Director General of both Elogie-Siemp and Soreqa effective January 1, 2025. This shared leadership integrates the two entities operationally.
• La Fabrique des Quartiers (Métropole Européenne de Lille)notableStrategic or Co-development Partner · 5 July 2024La Fabrique des Quartiers, specialists in degraded urban housing renewal in Lille, exchanged with Soreqa through a two-day bilateral program: Soreqa hosted La Fabrique des Quartiers in Paris (July 2024), and Soreqa visited Lille operations in return (November 2024). Exchanges covered studies, vacant housing, acquisitions, technical management, social support, relocations, urban transitory use, RHI, renewal, rehabilitation works, and commercial management.
• Métropole de GrenoblenotableStrategic or Co-development Partner · 6 June 2024The Métropole de Grenoble and its operators met with Soreqa in Paris to exchange on their operations and practices in degraded housing remediation, representing potential future knowledge-sharing or replication of Soreqa's model.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Immobilière 3F: One of France's largest social housing operators and Soreqa's primary downstream channel partner, developing Soreqa-remediated land into social/intermediate housing across Saint-Denis, Bagnolet, Bobigny, and Pantin.
• Elogie-Siemp: Paris-based social housing operator that takes Soreqa's remediated land and develops it into social/affordable housing. Shares its Director General with Soreqa since January 2025, making it the closest operational and governance peer.
• SPLA Lyon Confluence: Société Publique Locale d'Aménagement responsible for the Lyon Confluence urban renewal project. Closely mirrors Soreqa's SPL'aménagement structure, public concession mandates, and integrated land assembly / development / handover model.
• La Fabrique des Quartiers: Public operator of the Métropole Européenne de Lille specialized in degraded urban housing renewal. Explicitly cited as Soreqa's bilateral knowledge-sharing partner, running an analogous concession-driven model for habitat indigne in northern France.
• Établissement Public Foncier d'Île-de-France (EPFIF): Regional public land acquisition body for Île-de-France with expropriation and preemption powers. Highly comparable to Soreqa's 'action foncière' core service: assembling, holding, and transferring remediated land to public-interest developers.
• CDC Habitat: Major national social housing operator (CDC group) and Soreqa's strategic partner for degraded condominium remediation. Active cross-visit program with Soreqa on lot portage and ORCOD-style operations (e.g., Sarcelles).
• Batigère: Social housing operator (Groupe Batigère) co-developing Soreqa-led projects such as the Bâtiment Bas Carbone at 6 passage Desgrais, Paris 19e. Comparable in scale and mission as a downstream developer of social/affordable housing on remediated land.

Broad incumbents

• Agence Nationale pour la Rénovation Urbaine (ANRU): National urban renewal agency that co-finances Soreqa's NPNRU projects (e.g., €17M subsidy on Pantin Quatre-Chemins). Functions as a broader incumbent funder and program architect for the urban renewal category Soreqa operates in.
• Agence Nationale de l'Habitat (ANAH): National agency funding private housing renovation and co-financing Soreqa's OPAH-RU operations (e.g., €8.9M contribution to Pantin Quatre-Chemins). Operates at a national/incumbent scale, overlapping Soreqa's private rehabilitation mission.

Emerging players

• Foncière de Transformation Immobilière (FTI): Recently created French vehicle (Action Logement/CDC) focused on acquiring and transforming degraded residential assets. An emerging national-scale actor addressing the same habitat indigne problem that Soreqa tackles at the metropolitan level.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/soreqa
• LinkedInlinkedin.com/company/soreqa

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Soreqa