Groupe Garona

What Groupe Garona does

Groupe Garona is a French real estate developer founded in 2005 by Régis Garoni, a former urban planning director for the city of Toulouse (1992-2005). The company operates as an integrated real estate platform combining three functions: real estate promoter (promoteur), land developer (lotisseur), and urban planner (aménageur). Its core operations span new residential development (apartments and houses) sold via VEFA (off-plan sales), the development and sale of serviced building plots (terrains à bâtir viabilisés), and consultancy services to local authorities on land conversion, PLU modifications, and large-scale project planning delivered through its in-house urban planning studio, UrbaOne (created in 2019). UrbaOne brings together architects, urban planners, surveyors, landscape designers, 3D graphics specialists, construction economists, and VRD engineers under one roof.

The company serves four customer segments: individual homebuyers seeking primary or secondary residences, real estate investors leveraging Pinel and LLI tax optimization schemes, social housing providers (bailleurs sociaux) including XL Habitat, Toulouse Métropole Habitat, and Domofrance for mixed-use developments, and local authorities (collectivités) requiring urban planning expertise. Pricing for building plots ranges from €64,000 to €230,000 and apartments from €116,000 to €243,176, with payment structured via VEFA construction milestones.

Groupe Garona operates through three regional offices in Blagnac (Occitanie headquarters, opened 2005), Gradignan (Garona Atlantique, serving Nouvelle-Aquitaine, opened 2014), and Roissy-en-France (Garona Île de France, opened 2020). The company produces 300-400+ housing units annually and won the Grand Paris Aménagement competition in 2021 to build 124 units in Louvres. After a period of association with Coffim from 2022 to 2025, Groupe Garona regained its independence in 2025 through the creation of Financière Garona, backed by Oaktree Capital and the Dutreix family, and announced national development expansion.

Name

Groupe Garona

Legal name

Groupe Garona

Website

https://garona.fr

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Groupe Garona is a French integrated real estate developer (promoteur, lotisseur, aménageur) founded in 2005, building and selling new residential units and serviced land plots across Occitanie, Nouvelle-Aquitaine, and Île-de-France, and serving individual buyers, investors, social housing operators, and municipalities.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Residential property development
• Off-plan property sales
• Building plot development
• Urban planning services
• Rental property investment

Headquarters

HQ city

Blagnac

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. New Property Sales (VEFA): Garona designs and builds new residential properties (houses and apartments) sold through VEFA (Vente en État Futur d'Achèvement) - off-plan sales. This is the primary revenue stream, with properties delivered upon completion and paid in installments aligned with construction progress.
2. Land Development (Lotisseur): Development and sale of serviced building plots (terrains à bâtir viabilisés). Garona acquires land, obtains administrative permits, arranges utility connections, and develops infrastructure before selling individual plots to buyers who then build their own homes.
3. Urban Planning Services (UrbaOne): Internal urban planning studio providing consultancy services to local authorities. UrbaOne transforms closed land into buildable land through PLU modifications, manages large-scale development projects, and handles public equipment financing through PUP arrangements. Revenue generated through study fees and master planning services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Groupe Garona designs, builds, and sells new residential properties (apartments and houses) as a promoteur immobilier, develops serviced building plots (lots à bâtir) for self-build buyers through its Lotisseur line, and delivers urban planning services to municipalities through its UrbaOne subsidiary. Sales are primarily conducted off-plan under VEFA (Vente en État Futur d'Achèvement) contracts, with selected programs eligible for the Pinel/LLI tax-incentive regimes and the exonération de TFPB property-tax exemption.

Product overview

Groupe Garona is a French real estate developer offering a comprehensive portfolio of property development services. The company operates as a unified platform combining residential development programs (new apartments and houses), land parcel sales (serviced building plots), and UrbaOne, its internal urban planning atelier. The core offerings include off-plan property purchases (VEFA), tax-optimized investment properties under the Pinel law framework, and land development services. The company operates primarily in three regions of France: Occitanie (headquarters), Nouvelle-Aquitaine, and Île-de-France.

Differentiator

Problem solved

Functional benefit

Products and services

• New Residential Programs (Apartments and Houses)
• Serviced Building Plots (Lots à Bâtir) Subdivided and serviced residential land parcels sold to individual buyers who intend to build their own homes. Delivered under the Lotisseur business line.
• UrbaOne Urban Planning Services

Quantifiable outcome

• 300-400+ housing units developed annually
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• CoffimminorStrategic or Co-development Partner · 1 January 2022Garona was associated with Coffim from 2022 to 2025 before regaining independence through Financière Garona. This was a strategic association rather than a full acquisition.
• XL HabitatminorOthersSocial housing provider (bailleur social) partnered with Garona for the Le Mousse quarter reconstruction project in Dax, Landes. Project included 60 social rental units and 20 homeownership units.
• Toulouse Métropole HabitatminorOthersPublic social housing operator partnered with Garona for the Le Camilong residence in Castelginest, comprising 67 housing units including 28 social units.
• DomofranceminorOthersSocial housing provider partnered with Garona for a 40-unit social housing project in Villeneuve-sur-Lot, Lot-et-Garonne.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Coffim: French real estate developer (promoteur immobilier) historically operating in Paris and major metros. Directly comparable to Garona as a mid-sized French promoteur; notably was Garona's parent from 2022 to 2025 before separation.
• Pichet Group: Bordeaux-based French real estate developer and homebuilder with regional presence and similar promoteur/lotisseur activities. Comparable in scale and multi-region French operating model.
• Edouard Denis: Mid-sized French homebuilder and developer focused on new residential construction across multiple French regions. Directly comparable in product type, customer base, and regional operating model.
• Tagerim Group: French real estate developer operating across Île-de-France and other regions with mixed new-build residential programs and investor-targeted (Pinel-type) offerings, similar in size and product mix to Garona.
• BPD Marignan: French real estate developer with multi-region residential programs and Pinel/LLI-eligible investor offerings, directly comparable in product type and target customer segments to Garona.
• Lamotte Group: West France-based real estate developer with multi-decade operating history and similar mid-sized promoteur profile, including housing units and serviced land plots across regional French markets.
• Urbis Réalisations: Bordeaux-region French real estate developer with comparable mid-sized promoteur/lotisseur activity in Nouvelle-Aquitaine — overlapping geography with Garona Atlantique.
• Quartus: Mid-sized French real estate developer active in residential, serviced land, and large-scale development projects across multiple French regions, with comparable integrated development approach.

Broad incumbents

• Bouygues Immobilier: Major national French real estate developer (subsidiary of Bouygues). Operates a much broader portfolio across all French regions with greater scale and capital, but directly overlaps Garona in new-build residential and serviced land offerings.
• Vinci Immobilier: National French real estate developer (subsidiary of VINCI) with broad residential and mixed-use programs across France. Significantly larger than Garona but operates in the same product category and target customer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Groupe Garona