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Original funding for CDC Habitat

2021-06-19T19:54:33.289Z


INFO LE FIGARO - The company will create a real estate fund with 8,000 housing units, the capital of which it will open to institutional investors.


It is a major operation in the world of real estate that is emerging.

CDC Habitat, this subsidiary of Caisse des Dépôts, leader in France in social and intermediate housing, will create a real estate fund with 8,000 housing units, the capital of which it will open to institutional investors.

This heritage will be worth 2.5 billion euros.

The institution will cede control.

"But we will keep 15% of the capital of this fund, which will align our interests with that of future investors,"

explains Vincent Mahé, CEO of CDC Habitat.

To read also:

Should you resell your real estate?

Who specifies:

"Such an operation allows us to finance the development of CDC Habitat"

.

A rapid development, which has seen the assets of the public company almost double since 2016, to reach 525,000 homes today.

Last year alone, CDC Habitat invested 9 to 10 billion euros to help developers and the construction world, affected by the related containment

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Source: lefigaro

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