What codur does

Codur s.a. is a privately-held Luxembourg sustainable real estate developer founded in 2002 and headquartered in Windhof. The company designs, develops, and sells residential properties — apartments, duplexes, single-family homes, and senior housing — across Luxembourg, with all projects certified under the LENOZ voluntary environmental framework initiated by the Luxembourg Ministry of Housing. Codur applies bioclimatic design principles and builds with bio-sourced materials (cellulose, wood-fibre insulation, clay plasters, recycled foamglass), integrating renewable energy systems (photovoltaic, solar thermal, pellet boilers, heat pumps), rainwater harvesting, and domotics/smart-home controls across its portfolio.

The company's product portfolio spans completed residences (The Nest in Neihaischen, Résidence Nexus in Hollerich, Rosalie and Bonavia in Bonnevoie, Iris in Huncherange, Esch'Art in Esch-sur-Alzette) and projects in development or pre-sale (Résidences Callido in Kehlen — 14 apartments, Kirchberg 160 — 2 duplexes and 9 apartments, Villa Lorenz in Lorentzweiler — 13 senior participatory-housing units, and Cessange — 4 single-family homes). Codur also purchases existing land, houses, and buildings to feed its development pipeline and resells plots to self-build buyers. Since 2002 the company has delivered 176 residential units totalling approximately 30,000 m² across 15 developed plots, working with a coordinated ecosystem of ~25 partner companies.

Codur generates revenue through one-off sale of completed residential units to individual buyers, primarily via direct sales (website, phone, on-site visits) without intermediaries. Pricing is unit-based and disclosed via downloadable PDFs, with delivery dates typically 2–4 years from reservation. Customer segments include individual home buyers (primary), seniors aged 50+ (Villa Lorenz participatory housing), and land buyers seeking plots for self-build. The company employs a small in-house team led by founder-directrice Céline Depiesse, with approximately €1.5M in family capital and disclosed annual turnover of roughly €5M. Codur has received the RTL Audience Choice Award (Bauhärepräis 2020), OAI Prix Macaron (2020), and PLQE Bronze (2022), establishing its regional reputation in sustainable construction.

Name

codur

Legal name

Codur s.a.

Website

https://codur.lu

Company type

Private

Founded year

2002

Operating status

Operating

Short description

Codur is a Luxembourg-based sustainable real estate developer founded in 2002 that designs, builds, and sells LENOZ-certified residential properties — apartments, duplexes, houses, and senior housing — directly to individual buyers across Luxembourg, with 176 units delivered across approximately 30,000 m².

Ownership category

akta.pro rank

Headquarters

HQ city

Windhof

HQ country

Luxembourg

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. New Residential Property Sales: Codur generates revenue by developing and selling new residential properties (apartments, duplexes, and single-family homes) to end consumers in Luxembourg. Revenue is recognised on a per-unit basis upon property completion and transfer. The company also purchases existing terrains, houses, and buildings from clients to develop new ecological housing projects, adding to its development pipeline.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Codur is a Luxembourg-based real estate developer that designs, builds, and sells sustainable residential properties — including apartments, duplexes, single-family homes, and participatory senior housing — all certified to the LENOZ environmental standard. Projects incorporate bioclimatic design, bio-sourced materials, renewable energy systems (photovoltaic, solar thermal, heat pumps, pellet boilers), rainwater harvesting, and domotics. The company sells completed and off-plan units directly to individual buyers and also purchases and resells land plots for eco-housing development.

Product overview

Codur is a Luxembourg-based sustainable real estate developer offering a portfolio of residential property projects across the country. The product portfolio includes core residential development offerings: completed residences (THE NEST, NEXUS, ROSALIE, BONAVIA, IRIS, ESCH'ART) and ongoing/upcoming projects (Résidences Callido in Kehlen, Kirchberg 160, Villa Lorenz in Lorentzweiler, Cessange single-family homes). Services include land acquisition for development (Codur achète) and land sales to buyers. All properties adhere to LENOZ environmental certification standards, incorporating features such as heat pumps, photovoltaic/solar thermal panels, triple glazing, double-flow ventilation, rainwater harvesting, and domotics. The company was founded in 2002 and has delivered 176 units across approximately 30,000 m².

Differentiator

Problem solved

Functional benefit

Products and services

• Codur Sustainable Residential Developments (Portfolio) Portfolio of LENOZ-certified sustainable residential properties across Luxembourg, including apartments, duplexes, single-family homes, and participatory senior housing, all incorporating bioclimatic design, bio-sourced materials, renewable energy systems, and rainwater harvesting.
• Résidences Callido (Kehlen) Two innovative residential buildings in Kehlen offering 14 apartments (64–137 m²), each with a cellar and two parking spaces. Features include photovoltaic panels, solar thermal panels, pellet boiler, triple glazing, double-flow ventilation, and green roofs. Targeting LENOZ 2-leaf certification, delivery spring 2025.
• Kirchberg 160 Two human-scale residences in the heart of Kirchberg combining the renovation of a historic farmhouse with a new modern building. Offers 2 duplexes (143–145 m²) and 9 apartments (54–135 m²). Features air/water heat pumps, triple glazing, double-flow ventilation, and bio-sourced materials. Delivery autumn 2025.
• Résidence THE NEST (Neihaischen) Ecological and high-end residence in Neihaischen with 5 apartments (87–125 m²) — the first residence to target LENOZ certification in Luxembourg. Features triple glazing, cellulose and wood fibre insulation, photovoltaic and solar thermal panels, pellet boiler, rainwater harvesting, and domotics.
• Villa Lorenz (Lorentzweiler) Eco-participative housing project for seniors (50+) in Lorentzweiler. 13 apartments on a 16-are wooded plot combining a historic manor with a new wooden building. Features LENOZ 3-leaf certification target, heat pump, solar thermal panels, triple-glazed wood frames. Developed in partnership with Nouma.
• Cessange Single-Family Homes Four single-family homes in Luxembourg-Cessange, designed by Dagli architects. Each home offers 150 m² of habitable space on plots of 1a36ca to 2a33ca, featuring heat pump, rainwater cistern, and energy class A/ABA. Sold 100%.
• Résidence NEXUS (Hollerich) Nine apartments (33–93 m²) in Hollerich, Luxembourg City. Targets LENOZ 2-leaf certification with energy class AB, double-flow ventilation, and underfloor heating. Completed 2021.
• Résidence BONAVIA (Bonnevoie) Thirteen apartments (37–120 m²) in Bonnevoie, Luxembourg City. Energy class BBB with solar panels, condensing boiler, and 600 m² of communal green spaces including shared vegetable gardens. Delivered 2015.
• Résidence IRIS (Huncherange) Six apartments (84–114 m²) in Huncherange near Bettembourg. Features energy class BBB, individual double-flow VMC, high-performance insulation and airtightness, 350 m² south-facing communal garden. Near Natura 2000 zone. Delivered 2017.
• Résidences ESCH'ART (Esch-sur-Alzette) Three residences (Arty, Pop Art, Art Nouveau) in Esch-sur-Alzette comprising 34 apartments, 5 offices, and 3 commercial spaces. Features rainwater recovery, green roofs, solar thermal panels, energy-recovery elevators, natural insulation, and selective waste sorting. Delivered 2013.
• Résidence ROSALIE (Bonnevoie) Ten apartments plus 2 commercial spaces in Bonnevoie, Luxembourg City. Features energy class BBB, VMC double-flow ventilation, clay plaster and paint, triple-glazed wood frames, condensing boiler, partial green facade, and energy-recovery elevator. Delivered 2014.
• Land Sales for Eco-Housing Development Sale of building plots to individuals for self-managed villa construction, with parcels typically ranging from 6.65 to 10.39 ares for villas up to 320 m², located near natural areas and major transport links. Plots are sold without construction contracts, enabling buyers to develop their own projects. Includes fiscal guidance and ecological renovation subsidies advisory.
• Terrain Acquisition Service (Codur achète) Service under which Codur purchases existing land, houses, and buildings from clients to develop new ecological housing projects, accompanying sellers in reinvesting sale proceeds into qualitative real estate investments.

Quantifiable outcome

• The Nest project achieves near-zero energy status: photovoltaic panels compensate 3500 kWh/year per apartment and thermal solar covers 50% of hot water and 10% of heating needs.
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered core, strategic and minor.

• SaharchitectscoreStrategic or Co-development PartnerSaharchitects is the architectural firm that designed the Callido residences at Kehlen. Saharchitects collaborated with Codur on this sustainable residential project targeting LENOZ 2-leaf certification. The firm also worked on the The Nest project.
• STEINMETZDEMEYER Architectes UrbanistescoreStrategic or Co-development PartnerSTEINMETZDEMEYER Architectes Urbanistes designed the Kirchberg 160 project (renovated farmhouse and new construction), combining heritage renovation with modern sustainable residential development in the heart of Luxembourg-Kirchberg.
• BoydenscoreTechnology or IntegrationBoydens served as the technical engineering, energy, and LENOZ certification tracking bureau for the The Nest project, providing expertise in sustainable building systems and energy performance.
• Simon & ChristiansencoreTechnology or IntegrationSimon & Christiansen served as the structural engineering bureau for the The Nest project, contributing to the complex façade construction and passive building requirements.
• IneocoreImplementation/ SI/ Consulting PartnerIneo acted as the Project Manager for the The Nest project, coordinating all construction activities and stakeholders. Ineo (now part of the ENGIE group) is a major project management and engineering consultancy in Luxembourg.
• NoumastrategicStrategic or Co-development PartnerNouma is featured as a partner on the Villa Lorenz project (participatory eco-habitat for seniors 50+). Nouma contributed to the participatory design process, including creativity sessions with representative users to develop communal spaces, material choices, and living principles.
• NeobuildstrategicStrategic or Co-development PartnerNeobuild is Luxembourg's technological innovation cluster for sustainable construction. They organised an on-site construction visit of the The Nest project on 29 June 2018 during an inter-cluster innovation meeting, focusing on the project's ecological features and LENOZ standard application.
• DaglicoreStrategic or Co-development PartnerDagli is the architectural firm that designed the Cessange project (four single-family homes of 150 m² each), developing the modern architecture and functional space arrangement for the Luxembourg-Cessange residences.
• ABRAM (ASBL)minorOthersCodur supports ABRAM, a Luxembourg non-profit association engaged in an eco-solidarity construction project in Brazil, building a community hall using local bio-construction materials and traditional techniques.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/codur

Compliance4 records

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 codur