Telamon
Telamon is a French real estate developer-investor founded in 1995 that builds and manages logistics platforms, business parks, residential projects, and on-site solar energy for institutional investors and corporate occupiers across Europe.
- Company typePrivate
- Founded1995
- HeadquartersParis, France
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Telamon does
Telamon (formerly Groupe Panhard, rebranded 2022) is a Paris-headquartered French real estate developer-investor founded in 1995 that operates across four business lines: logistics platform development, residential development, business / activity parks, and investment and asset management. Since 2014 it has operated as an AMF-licensed portfolio management company and currently manages approximately €1.4 billion in assets through proprietary vehicles (notably NAO LOGISTICS, the open-ended discretionary fund; OPCI Foncière 86, launched 2014; and SCPI Telamon Borea, launched April 2025) and third-party mandates for institutional investors including Amundi Immobilier, Ivanhoé Cambridge, Goldman Sachs, and JP Morgan. The company has delivered over 1.5 million m² of logistics space and 1,000+ residential units since founding, with a stated pipeline including a second GEODIS platform at Champagne-sur-Oise and ongoing UK acquisitions.
Telamon monetizes through three distinct streams: real estate development and sale/lease of logistics, residential, business park, and data center assets (one-time development fees and trading gains); recurring management and performance fees on €1.4B AUM; and long-term contracted renewable energy revenue via its wholly-owned subsidiary Telamon Énergie, which develops, finances, and operates rooftop photovoltaic solar plants on its buildings under 20-year PPAs with the French energy regulator CRE, targeting 400 MW of solar capacity by 2030 (6.3 GWh produced by end of 2023). Distribution is B2B sales-led, targeting institutional investors, insurance and wealth platforms (AGEAS, Swiss Life France, Erès), and corporate occupiers across logistics and retail (tenants include GEODIS, GLS France, Aldi, LIDL, Zalando, Darty, Maisons du Monde, Halfords).
The company is a certified B Corporation (99/100 score), a co-founder of the BiodiverCity label (2013), BREEAM-certified across its major logistics developments, AMF-regulated, GDPR-compliant, and co-led an Obligations Relance issuance of €16 million in February 2023. In March 2024 the management team led by CEO Christophe Bouthors became the majority shareholder in a transaction alongside Andera Partners (Winch Capital 4), with founder Alain Panhard exiting fully; approximately one-third of employees are shareholders.
Telamon firmographics
Firmographics- Name
- Telamon
- Legal name
- TELAMON
- Website
- https://telamon-groupe.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Telamon is a French real estate developer-investor founded in 1995 that builds and manages logistics platforms, business parks, residential projects, and on-site solar energy for institutional investors and corporate occupiers across Europe.
- Ownership category
- akta.pro rank
Telamon industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Management of Companies and Enterprises (5511)
- SIC
- Real Estate (6500)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industry
- Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB)
Keywords
Where Telamon is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices2 records
Markets served
Telamon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Development and Promotion: Telamon develops logistics platforms, business parks, residential units, and industrial properties for sale or lease to corporate occupiers. Revenue is generated through property development fees, land appreciation, and the sale of developed assets to investors or end-users (e.g., sale of Brie-Comte-Robert messaging platform to GEODIS). Covers logistics, residential, business parks, and data center verticals.
- Investment and Asset Management: As an AMF-licensed management company (since 2014), Telamon manages assets on behalf of third-party institutional investors and through its own launched funds (OPCI Foncière 86, NAO LOGISTICS). Revenue comes from management fees and performance fees based on assets under management of approximately €1.4 billion.
- Renewable Energy Production: Through its subsidiary Telamon Énergie, the company designs, finances, constructs, and operates photovoltaic solar power plants on the rooftops of its buildings. Revenue is generated from long-term power purchase agreements (e.g., 20-year contracts with the French energy regulator CRE) for the sale of electricity produced. Investment target of 400 MW of solar capacity by 2030.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
Telamon product offering
Product offeringCore offering
Telamon is a French real estate developer-investor that develops and manages logistics platforms, business parks, and residential properties across France and Europe, while operating an AMF-licensed investment management business and a renewable energy subsidiary (Telamon Énergie) that develops rooftop photovoltaic solar power plants on its buildings. The company serves corporate occupiers, institutional investors (Amundi, Ivanhoé Cambridge, Goldman Sachs, JP Morgan), and retail investors via its NAO LOGISTICS, OPCI Foncière 86, and SCPI Telamon Borea funds, managing approximately €1.4 billion in assets under management.
Product overview
Telamon is a French real estate developer-investor offering a comprehensive portfolio of property development and asset management services. The company operates four core business lines: logistics platform development, residential development, business parks, and renewable energy production. Its investment arm manages multiple funds including NAO LOGISTICS (SFDR Article 8, SRI labeled), OPCI Foncière 86, and SCPI Telamon Borea. Telamon also operates Telamon Énergie, a subsidiary producing photovoltaic solar plants on building rooftops. The company holds B Corp certification and pursues BREEAM, BiodiverCity, and NF Habitat HQE environmental certifications for its developments.
Differentiator
Problem solved
Functional benefit
Brands
- NAO LOGISTICS: Open-ended discretionary fund dedicated to logistics, business parks and industrial properties, labeled SRI and SFDR Article 8.
- OPCI Foncière 86
- SCPI Telamon Borea
- Telamon Énergie
Products and services
- Logistics Platform Development
Quantifiable outcome
- First carbon-neutral logistics platform in France delivered at Nanteuil-le-Haudouin (93,000 m²) with 6 MWc solar installation offsetting all lifecycle carbon emissions over 50 years.
- +6 more outcomes
Companies that use Telamon
Customer profileNamed customers14 records
Ideal customer profiles3 records
Telamon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Telamon partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- ErèsminorTelamon partnered with Erès in March 2026 to democratize investment in logistics real estate, making logistics property investments accessible to a broader base of investors through Erès's distribution network.
- Hoffmann GreencoreTelamon and Hoffmann Green signed a partnership in January 2026 to decarbonize real estate. Hoffmann Green supplies low-carbon cement technologies (a 104% increase in production volume in H1 2026, with a target of 100,000 metric tons for full-year 2026). The partnership aims to reduce the carbon footprint of Telamon's construction projects by replacing conventional cement with Hoffmann Green's proprietary low-carbon alternative.
- WhiterockminorTelamon sold a commercial real estate ensemble at Survilliers (95) to Whiterock in April 2026, as part of its asset rotation and value-creation strategy.
- Swiss Life FrancecoreSC NAO Logistics was referenced as a second major partnership for Swiss Life France, making the fund available to Swiss Life's insurance and wealth management clients in France.
- Lendopolis (Groupe La Banque Postale)minorLendopolis, a participatory financing platform owned by La Banque Postale, was used by Telamon to raise €825,000 from local residents for the Le Havre photovoltaic solar plant. The crowdfunding offer targeted residents of five Northwest France departments and offered an estimated 6.25% return.
- AGEAScoreNAO LOGISTICS was referenced on the AGEAS insurance platform from June 2023, enabling AGEAS's wealth management clients to access Telamon's logistics real estate fund. This was described as a pivotal step in Telamon's strategy to broaden investor accessibility.
- Amundi ImmobiliercoreTelamon and Amundi Immobilier formed a strategic partnership in 2019 in the Core logistics segment through SCI ALICE, a dedicated investment vehicle with 6 forward purchases (VEFAs) totaling 377,000 sqm. The partnership includes the MOSAIC business park portfolio (4 parks, 215,000 sqm, 51 buildings, 200+ tenants) acquired from AEW in February 2019.
Scale indicators12 records
Recent moves10 records
Expansion highlights6 records
Telamon competitors and assessment
Company assessmentDirect peers
- VGP NV: Pan-European developer of logistics and semi-industrial real estate with family ownership structure. Directly comparable in developing institutional-grade logistics parks across multiple European countries including France.
- Verdion: European logistics and industrial real estate developer and investor focused on institutional-grade assets in Germany, UK, and Nordic markets. Comparable developer/investor hybrid model serving similar occupier base.
- Gazeley (GLP): Global logistics real estate developer owned by GLP, with significant European operations. Direct peer in developing large-format logistics platforms for major e-commerce and 3PL occupiers.
- Logicor: Blackstone-owned pan-European logistics real estate platform with one of the largest portfolios on the continent. Directly comparable in serving major logistics occupiers with institutional-grade assets in France and beyond.
- P3 Logistic Parks: Pan-European owner and developer of logistics warehouses with significant presence in France and Germany. Directly comparable asset class (logistics) and customer base (major logistics occupiers and retailers).
- Tritax EuroBox plc: European logistics real estate investment company focused on big-box warehouses. Comparable business model of acquiring and developing institutional-grade logistics assets across Continental Europe, serving similar customer base.
- SEGRO plc: UK-listed European logistics REIT with Continental European focus. Direct competitor in modern logistics real estate serving institutional occupiers across France, Germany, and other European markets where Telamon operates.
Broad incumbents
- Icade: French-listed REIT with significant commercial real estate portfolio. Comparable French institutional real estate player with development capabilities, broader than Telamon but with overlapping occupier base.
- Covivio: French-listed REIT with diversified European real estate exposure including logistics. Comparable French institutional real estate investor with broader portfolio but overlapping logistics segment and customer relationships.
Emerging players
- Neoen SA: French renewable energy developer listed on Euronext Paris, focused on solar PV and wind. Comparable French renewable energy operator with similar regulatory exposure (CRE tenders) and PPA-based revenue model to Telamon Énergie.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Telamon social profiles
Digital presenceTelamon compliance and trust
Trust signalCompliance8 records
Telamon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Telamon leadership team
Management profileNumber of profiles
Profiles19 records
Telamon subsidiaries and ownership
Company hierarchySubsidiaries1 record
Telamon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Telamon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Telamon
What does Telamon do?
Telamon is a French real estate developer-investor that develops and manages logistics platforms, business parks, and residential properties across France and Europe, while operating an AMF-licensed investment management business and a renewable energy subsidiary (Telamon Énergie) that develops rooftop photovoltaic solar power plants on its buildings. The company serves corporate occupiers, institutional investors (Amundi, Ivanhoé Cambridge, Goldman Sachs, JP Morgan), and retail investors via its NAO LOGISTICS, OPCI Foncière 86, and SCPI Telamon Borea funds, managing approximately €1.4 billion in assets under management.
Is Telamon a public or private company?
Telamon is a private company. It is classified as management employee owned and is currently operating.
When was Telamon founded?
Telamon was founded in 1995. It employs 51 to 100 people.
Where is Telamon based?
Telamon is headquartered in Paris, France, in the Europe region.
How does Telamon make money?
Three revenue lines are on record. Real Estate Development and Promotion is the primary driver. The others are investment and Asset Management and renewable Energy Production.
Who are Telamon's main competitors?
Direct peers on record are VGP NV, Verdion, Gazeley (GLP), Logicor, P3 Logistic Parks, Tritax EuroBox plc and SEGRO plc. Broad incumbents are Icade and Covivio. Neoen SA is listed as an emerging player.
Does Telamon have an API?
No public API is recorded for Telamon.
What industry is Telamon in?
Telamon's product category is Commercial Real Estate Development. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAEAGAB, Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal). Its NAICS code is 5511 and its SIC code is 6500.