Greencity Résidences

What Greencity Résidences does

Greencity Résidences is a privately held French residential operator headquartered in France that develops and manages coliving residences for young professionals and senior living residences for elderly residents, alongside integrated rental management services for real estate investors. The company runs three operational properties — Le Brooklyn and Les Temporelles in Toulouse and Le Washington in Reims — under its GreenCity Coliving brand, with an additional GreenCity Séniors concept for city-center elderly housing. The physical product consists of fully equipped units bundled with shared amenities and services, including coworking space, a self-service fitness room, an eco-certified connected launderette, a smart parcel locker system, high-speed WiFi, a food corner, bike storage, and a furniture rental/sale service. On the technology side, the portfolio is built around IoT-enabled building infrastructure rather than proprietary software; there is no disclosed mobile application, API, or integration ecosystem, and resident interaction is mediated through a website contact form and an external extranet.

The business model combines recurring residential rental income from occupied units (a subscription-style monthly stream with services bundled into rent) with a secondary professional services stream that delivers turnkey property management for real estate investors. The company targets two primary customer segments — young active professionals and seniors — through a direct-to-consumer go-to-market motion executed via its website, supported by property showcase content, video tours, and a dual-purpose lead capture form that segments resident inquiries from investor inquiries. Pricing is not publicly disclosed and is delivered on a contact/quote basis for both renters and investors. The company is privately held with no disclosed funding history, no management team disclosed publicly, and operates exclusively within France.

Name

Greencity Résidences

Legal name

Greencity Résidences

Website

https://greencityresidences.fr

Company type

Private

Operating status

Operating

Short description

Greencity Résidences is a privately held French operator that develops and manages coliving residences for young professionals and senior living residences, operating three properties across Toulouse and Reims with integrated turnkey rental management for real estate investors.

Ownership category

akta.pro rank

Product category

Coliving and Senior Living Residences

NAICS

Accommodation (721), Rooming and Boarding Houses, Dormitories, and Workers' Camps (721310), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)

SIC

Services-To Dwellings & Other Buildings (7340), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Coliving (Monthly, Shared Amenities) (THAMAFAL)

akta.pro secondary industries

Co-Living Property Management (BPAJAFAJ), Urban High-Rise CCRCs (HLADAEAG), Housing Facilities Management (Repairs, Custodial & Grounds Liaison) (EDALACAE)

Keywords

• Coliving residences
• Senior living facilities
• Property management services
• Coworking spaces
• Rental housing

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Monthly rental revenue from coliving and senior living residences. Properties include fully equipped units with shared amenities and services included in rent.
2. Property Investment Services: Turnkey property management services for real estate investors, including rental management and property administration.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Greencity Résidences develops and operates coliving and senior living residences across French cities, offering fully equipped units with shared amenities (coworking spaces, connected laundry, smart parcel lockers, WiFi, fitness rooms) included in monthly rent. The company also provides turnkey rental management services for individual real estate investors, handling tenant acquisition, administration, and property operations for owned properties.

Product overview

Greencity Résidences operates a portfolio of coliving and senior living residences across France. The company offers two distinct living concepts: GreenCity Coliving, targeting young professionals with shared living spaces and coworking facilities in Toulouse (LE Brooklyn, LES TEMPORELLES) and Reims (LE Washington); and GreenCity Séniors, designed for elderly residents in city-center locations. Both concepts include a range of amenity services such as connected launderettes, smart parcel lockers, high-speed WiFi, fitness rooms, and furniture services. The portfolio is managed with a turnkey rental management approach for investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Le Brooklyn A coliving residence located in Toulouse (31), designed for young professionals with shared spaces and modern amenities.
• Le Washington A coliving residence located in Reims (51), offering innovative living spaces for young professionals with community-focused amenities.
• Les Temporelles A coliving residence located in Toulouse (31), part of the GreenCity coliving concept offering shared living spaces and services.
• GreenCity Coliving A coliving concept designed for young professionals, featuring innovative shared spaces, coworking areas, and community-focused services promoting social connection while preserving privacy.
• GreenCity Séniors Senior living residences designed with specific amenities and services for elderly residents, located in city centers to enable seniors to actively participate in local economic life.
• Turnkey Rental Management Service Full-service property management for individual real estate investors, including rental management and property administration, providing sérénité for investors through optimized administration and guaranteed rental operations.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• The Babel Community: French coliving operator managing multiple coliving residences across France targeting young active professionals. Comparable in product (purpose-built shared residences with coworking), French geography, and resident programming model.
• Senioriales: French operator of senior residences in city centers and coastal areas, with an investor-facing ownership model similar to Greencity's turnkey property management offering. Directly comparable on the senior-living segment.
• Colonies: French-founded coliving operator building shared-living communities for young professionals across France and Europe. Directly comparable to Greencity's GreenCity Coliving concept in target customer, product offering, and French-market focus.
• Cohabs: Large-scale coliving operator headquartered in Belgium with significant presence in France, offering fully furnished shared residences with community programming for young professionals. Highly comparable to Greencity's coliving model in both customer segment and managed-property approach.
• Réside Études: Major French operator of student, young-professional, and senior serviced residences with managed rental services for investors. Highly comparable to Greencity's combined coliving + senior + investor turnkey model.
• Coliving Factory: French coliving developer and operator building managed shared residences for young professionals, often with investor ownership structures. Comparable to Greencity in product, target customer, and investor-funded scaling approach.

Emerging players

• Heurus: French operator of senior residences with services, offering city-center locations and investor-owned units. Comparable to Greencity's GreenCity Séniors concept in both customer segment and investor-facing model.
• Kley: French coliving and student residence operator focused on sustainable, design-led residences. Comparable to Greencity in target customer, sustainability positioning, and amenity-rich operating model.

Broad incumbents

• Les Estudines: Established French student housing operator within the Réside Études group, serving a related young-tenant demographic. Comparable on property management approach and French residential focus, though the student segment is adjacent rather than identical.
• Nexity (Studéa and senior brands): Large French real estate developer with student housing and senior residence offerings (Studéa, etc.) and significant property management capabilities. Comparable to Greencity as a broad incumbent in managed French residential real estate with adjacent segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Greencity Résidences