epf reunion

What epf reunion does

EPF Réunion (Établissement Public Foncier de la Réunion) is a public industrial and commercial establishment (EPIC) created by decree on September 16, 2002 and governed by Articles L 324-1 et seq. of the Code de l'Urbanisme. It is the sole legally mandated land acquisition and portage vehicle for the 24 communes and 5 intercommunalités (CINOR, CASUD, CIREST, CIVIS, TCO) of Réunion Island, with members comprising the Conseil Régional, Conseil Départemental, and the five intermunicipalities. The establishment acquires strategic land parcels on behalf of its public members, holds them during development preparation (portage), and retrocedes them to designated operators at controlled prices for social housing, public facilities, economic zones, tourism, and heritage preservation.

EPF Réunion is funded through a diversified revenue stack: the Taxe Spéciale d'Équipement (TSE) levied on landowners in its competence areas (~€12.6M/year, €63M projected over 2024-2028), cession revenues from retrocessions (€151M projected for 2024-2028), carrying-cost fees at 0.75% on outstanding capital, SRU allocations from social housing penalties, and supplementary borrowing backed by its land stock. The current PPIF 2024-2028 multi-year program carries a modified budget envelope of €257.7M, including €57M of own-fund bonifications structured as 13 operational measures and 6 bonuses. Cumulative production since 2003 totals 1,142 land parcels covering 768.7 hectares with a value of €561M; the available stock at end-2025 was 585 parcels, 348.5 hectares, valued at €306.15M, theoretically enabling approximately 23,000 dwellings at the observed density of 53 dwellings per hectare.

The establishment operates with a 20-person team under Directrice Générale Christine PARAMÉ and President Patrice SELLY (elected June 2, 2026). Its core technology is an in-house SIG/GIS system supplemented by the OTIF, ORHI, and Atlas du foncier économique observatories, which together process roughly 2,700 Declarations of Intent to Alienate per year and exercise delegated preemption rights covering more than 13,000 hectares across 20 communes. Distribution is exclusively direct and institutional: formalized portage conventions with collecting authorities, retrocessions to three primary social housing operators (SODEGIS, SHLMR, SEMAC) and the urban developer SEDRE, with no commercial channels, marketing, or resellers.

Name

epf reunion

Legal name

EPIC Etablissement Public Foncier de La Réunion

Website

https://epf.re

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

EPF Réunion is a public land establishment that acquires, holds (portage), and retrocedes land to the 24 communes, 5 intercommunalities, and designated developers of Réunion Island for social housing, public facilities, economic zones, and heritage projects, operating as a statutorily mandated monopoly under the French Code de l'Urbanisme.

Ownership category

akta.pro rank

Product category

Public Land Management Services

NAICS

Services to Buildings and Dwellings (5617)

SIC

Non-Operating Establishments (9995), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Public land acquisition
• Land portage services
• Urban land banking
• Social housing land supply
• Territorial development agency

Headquarters

HQ city

Sainte-Marie

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Revenue model

1. Taxe Spéciale d'Équipement (TSE): Special Equipment Tax levied on landowners in zones where the EPF exercises its compétences. This is the primary recurring revenue source, generating approximately €12.6M per year (€63M for the 2024-2028 period, or roughly €14.50/inhabitant/year), providing a predictable annual cash flow independent of land transaction volumes.
2. Land sale revenues (cessions): Revenue from retrocessing acquired land parcels to designated developers, local authorities, or public entities. Collections come from installment payments (échéances) under portage agreements. Projected at €151M for the 2024-2028 PPIF period (including €119M from existing conventions and €32M from new acquisition annuities), plus additional lump-sum reimbursements.
3. Carrying cost fees (frais financiers de portage): Interest charged on the outstanding capital of land held in portage. Current rate set at 0.75% per year on remaining capital. Revenue expected at approximately €7.3M globally for all portage stock including future acquisitions. Older pre-2019 stock generates higher rates (0.95% to 2.50%).
4. SRU (Solidarité et Renouvellement Urbain) allocations: Funds allocated from national SRU tax penalties imposed on municipalities failing social housing targets. After potential deductions, expected to yield approximately €1.8M for the PPIF period, entirely allocated to reducing land costs for social housing.
5. Borrowing (emprunt): Supplementary debt financing leveraging existing land stock and predictable TSE/cessions revenues. Borrowings of €30M to €100M cumulatively over the 2024-2028 period are considered feasible based on asset collateral and cash flow visibility.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

EPF Réunion acquires, holds and retrocedes land and property on behalf of public authorities of Réunion Island (Conseil Régional, Conseil Départemental, 5 intercommunalités and their 24 communes) under the PPIF 2024-2028 programme. Core activities include land portage (acquisition and temporary holding of parcels at a 0.75% carrying rate), delegated preemption rights management, expropriation procedures, DIA processing, bonifications foncières subsidies (€57M envelope), and emergency housing responses following natural disasters such as Cyclone Garance.

Product overview

EPF Réunion (Etablissement Public Foncier de la Réunion) is a public land development agency established on September 16, 2002, operating as an EPIC (Etablissement Public à caractère Industriel et Commercial). The organization specializes in land acquisition, land banking, and property management services for public purposes including social housing, public facilities, economic development, and tourism. Its core service is land portage — acquiring land on behalf of local municipalities and public entities, holding it temporarily, and transferring it back for development at controlled prices. Key offerings include the Programme Pluriannuel d'Interventions Foncières (PPIF) multi-year intervention program, bonifications foncières (land subsidies), and support for social housing production. The organization does not offer commercial technology products but provides institutional publications including activity reports, subsidy guides, and regional land acquisition documents in PDF format.

Differentiator

Problem solved

Functional benefit

Products and services

• Land Portage Service (Service de portage foncier) Core land acquisition, temporary holding and retrocession service for communes, intercommunalities and designated developers of Réunion Island. EPF acquires parcels on behalf of public entities, holds them during the financing and development preparation period at a 0.75% annual carrying rate, and retrocedes them at controlled prices to operators designated by the relevant commune (e.g., SODEGIS, SHLMR, SEMAC, SEDRE). Portage terms can extend up to 20 years for Ecocité-labeled operations or PAVR zones, with first installment deferrable up to 4 years.
• Programme Pluriannuel d'Intervention Foncière (PPIF) 2024-2028 Multi-year strategic land intervention programme defining EPF Réunion's acquisition priorities, bonification schemes, financial envelopes and operational measures for 2024-2028. The modified PPIF includes 13 operational measures and 6 bonuses financed by €57M of own funds to reinforce support for aided housing, public facilities, economic activities, tourism and renaturation projects across Réunion.
• Bonifications Foncières (Land Subsidies Programme) Subsidy programme from EPF Réunion's own funds that reduces land costs for aided housing, public facilities, economic activities, tourism operations and renaturation projects. Allocated €57M for the PPIF 2024-2028 period (later increased from the original €27M allocation), the bonifications lower effective land prices for receiving communes and designated operators.
• Expropriation Procedures Service (Procédures d'expropriation)

Quantifiable outcome

• 23,000 potential dwellings enabled on EPF-acquired land at 53 dwellings per hectare density
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SODEGIScoreImplementation/ SI/ Consulting Partner · 1 January 2024SODEGIS is the primary designated developer (repreneur) receiving land retrocessions from EPF Réunion for social housing operations. Multiple delivered projects including 'Georges Avril' (56 units, Le Tampon, delivered August 2025) and 'Jamy HOARAU' (32 units, Le Tampon, delivered July 2024). SODEGIS develops housing on EPF-acquired land under portage arrangements.
• SEDRE (Société d'Exploitation du Domaine de la Réunion)coreImplementation/ SI/ Consulting Partner · 1 January 2024SEDRE is the urban development company (aménageur) for Réunion for major projects. EPF Réunion conducted expropriation procedures on behalf of the commune of Saint-Paul to enable SEDRE's ZAC Renaissance III development. First construction tranche (~33.7 ha) launched H1 2024.
• SHLMR (Société HLM de La Réunion)coreImplementation/ SI/ Consulting Partner · 1 January 2019SHLMR is a major social housing operator receiving EPF Réunion land for affordable housing development. Delivered 'Léon AH FA' operation (24 units + 2 commercial spaces, Le Tampon, March 2024) on EPF-acquired land. Multiple ongoing projects.
• Association nationale des EPF Locaux (EPF-L)coreStrategic or Co-development Partner · 1 January 2002EPF Réunion is a member of the national association of local land development agencies (EPF-L), which coordinates policy positions, shares best practices, and advocates for the EPF network at national government level. The association organizes annual general assemblies and staff days, and publishes collaborative content on EPF-EPL cooperation and legislative developments affecting land policy.
• DEAL (Direction de l'Environnement, de l'Aménagement et du Logement)coreStrategic or Co-development PartnerDEAL serves as a permanent invited member of the EPF Réunion governance (Board of Directors and Land Commission). It provides technical expertise on environmental, development, and housing policy alignment, and coordinates national funding programs including Fonds Barnier for natural risk prevention.
• OTIF (Observatoire des Transactions Immobilières et Foncières)minorStrategic or Co-development PartnerOTIF provides transactional land and real estate market data used by EPF Réunion for strategic planning and land valuation. EPF Réunion contributes to and draws upon OTIF data for its Pluriannual Intervention Program development and commune-level land action planning.
• SEMACcoreImplementation/ SI/ Consulting PartnerSEMAC receives EPF Réunion land for social housing and elderly residence development. Delivered 'Terrain Tennis' RPA (61 elderly housing units, Saint-Joseph, October 2022) and developed 'Les Lianes' social housing on EPF land in Saint-Joseph.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Regional players

• EPF Île-de-France: Largest of the French Établissements Publics Fonciers Locaux, operating under the same Code de l'Urbanisme mandate as EPF Réunion. Both organizations provide public land portage, preemption delegation, and bonification mechanisms to communes for social housing and urban development — EPF Réunion is effectively a regional counterpart focused on a single overseas department.
• EPF Provence-Alpes-Côte d'Azur: EPF PACA applies the same public land acquisition and portage model across the PACA region, with comparable use of TSE funding, preemption rights, and bonification schemes for affordable housing. As a fellow Mediterranean-region EPF Local with strong real estate market dynamics, it represents one of the closest operational analogues to EPF Réunion.
• EPF Normandie: Regional EPF Local operating under the identical Code de l'Urbanisme framework, providing land portage and acquisition services to communes in Normandy for social housing and urban development. The shared statutory mandate, customer base (public entities), and revenue model make it a structurally identical counterpart.
• EPF Bretagne: EPF Local serving Brittany's communes under the same public land banking mandate. Uses identical instruments (TSE, portage conventions, bonifications, SIG-driven territorial analysis) to enable affordable housing and public facilities — a clean comparator for benchmarking EPF Réunion's operational model and pricing.
• EPF Hauts-de-France: EPF Local covering the Hauts-de-France region with the same statutory mission of public land acquisition, portage, and preemption delegation. Successor to the historic EPF Nord-Pas-de-Calais, it operates an equivalent public-interest land banking model for social housing and urban development.
• EPF Grand Est: EPF Local serving the Grand Est region under identical legal framework. Engages in land portage for affordable housing, public facilities, and economic development with the same TSE revenue mechanism and preemption right delegations from member communes.
• EPF Auvergne-Rhône-Alpes: EPF Local operating in the Auvergne-Rhône-Alpes region with the same statutory mandate as EPF Réunion. Engages in land portage, bonification financing, and preemption delegation to support social housing production and urban regeneration in member communes.
• EPF Nouvelle-Aquitaine: EPF Local serving the Nouvelle-Aquitaine region with the same public land banking mandate, preemption delegation mechanism, and bonification tools. A structurally identical comparator operating under the same Code de l'Urbanisme provisions.

Others

• SAFER (Société d'Aménagement Foncier et d'Établissement Rural): France's national network of rural land agencies, providing land acquisition, portage, and preemption services for agricultural and rural land. While focused on rural rather than urban contexts, SAFER shares EPF Réunion's land banking and public-interest mandate and sits on its Land Commission as an expert member.
• Action Logement: France's employer-funded housing finance operator, providing financing and guarantees for affordable housing production. Although a financial intermediary rather than a land agency, Action Logement's social housing mandate makes it a key ecosystem participant alongside EPF Réunion's land assembly role in the affordable housing value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/epf-reunion

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 epf reunion