We created this article as part of our research process for our European single-family office database. Here, we are investigating the share of French single-family office investing in real estate.
In total, 29 single-family offices in France have a Real Estate Focus. This represents a share of 49%. France, known for its rich cultural heritage and diverse landscapes, offers a robust real estate market that makes it especially relevant for the domestic family offices. Most family offices that invest in real estate are located in Paris (18) and Lyon (4). Further hubs are Neuilly sur Seine or Lège-Cap-Ferret.
Real estate-focused single-family office from Paris: Zaka Investments
French entrepreneur Pierre Bastid launched his family office Zaka Invetments in 2012. Recently, we reported that the Bastid family office saved French artificial heart manufacturer Carmat from bankruptcy through a €7M investment. However, the main focus of the family office from Paris is investing in prime real estate, including offices, retail objects and hotels. Geographically, investments are made in Paris and other European capitals. Exemplary portfolio objects are 3460sqm office space at 49 rue Servan (Paris), the New Corner office space in St. Denis or the Nolinski Paris hotel.
You might also like the list of the largest French real estate investors, offered by our partner portal Researchgermany.com.
Picture source: Nick Karvounis (01.01.2024)