Who are the largest property developers in France? As an industry, property development generated € 43 billion in sales in 2017, mainly in residential and commercial real estate. Proportionally, this is 2% of the French GDP.
Property Developers sell 130,000 units per year
According to the FPI Observatory, over the 2014-2017 period, property developers sold an average of 130,000 homes each year. But who is the largest real estate developer in France?
Note: FPI stands for “Federation des Promoteurs Immobiliers” (Property Developers’ Federation).
Who are the top 20 property developers in France?
The largest property developers are Nexity, Bouygues, and Altarea Cogedim. Here is a ranking:
| Rank | Name | Turnover, billion euros (2018) |
| 1 | Nexity | 3.1 |
| 2 | Bouygues Immobilier | 2.5 |
| 3 | Altarea Cogedim | 2.4 |
| 4 | Kaufman & broad | 1.6 |
| 5 | Groupe Pichet | 1.3 |
| 6 | Icade | 1.3 |
| 7 | Vinci Immobilier | 1.1 |
| 8 | Marignan | 1.0 |
| 9 | Promogim | 0.9 |
| 10 | Linkcity | 0.9 |
| 11 | Sogeprom | 0.8 |
| 12 | BNP Parisbas Real Estate | 0.8 |
| 13 | Eiffage Immobilier | 0.8 |
| 14 | Procivis | 0.7 |
| 15 | Adim | 0.6 |
| 16 | Les Nouveaux Constructeurs | 0.6 |
| 17 | Groupe Alila | 0.5 |
| 18 | Credit Agricole Immobilier | 0.5 |
| 19 | Ogic | 0.4 |
| 20 | Emerige | 0.4 |
While this ranking constantly changes, Nexity seems to maintain the #1 position. Indeed, in 2013 Nexity was already #1 biggest developer with 2.7 billion euros in revenues. Also, Nexity generates another 1 billion euros in revenues from other activities, bringing the company’s revenues in 2018 to 4.1 billion euros. In 2019, Nexity’s turnover was 4.5 billion euros.
Sources: vendreaunpromoteur.com, homunity.com, LeMoniteur
