Frequently asked questions.
Clear answers on how we invest, structure and manage French real estate on behalf of our partners.
Who is SCI LA Tourealestate?＋
SCI LA Tourealestate is a private French real estate investment company acquiring, renovating, managing and selling premium residential and commercial properties across France.
What services do you offer?＋
Property acquisition, investment structuring, renovation, asset management, portfolio optimization, investment consulting, valuation and market research.
Do you work with non-resident investors?＋
Yes. A significant share of our client base is international. We handle the specific structuring and reporting needs of non-resident investors.
What is the minimum investment size?＋
Individual co-investments typically start at €250,000. Dedicated mandates and structured programmes start at €2,000,000.
What returns should I expect?＋
Yield strategies target 5 to 7 percent net cash-on-cash. Value-add strategies target 12 to 18 percent IRR over the hold. Every memo states base, upside and downside cases.
What is your typical hold period?＋
Five to ten years for value-add and core investments. Development programmes run 24 to 36 months.
Where do you invest?＋
Primarily Paris, Lyon, Bordeaux, the French Riviera and Provence, with selective exposure to other regional capitals.
Which asset classes do you cover?＋
Residential, commercial (office and retail), and mixed-use assets. We also handle selective hospitality and vineyard-estate opportunities.
How is capital called?＋
In defined tranches against notarial and construction milestones, as documented in the term sheet.
How are returns distributed?＋
Income distributions are typically annual. Capital gains are distributed at refinancing or disposition, according to the agreed waterfall.
How do you charge?＋
A combination of management fees on invested capital and performance-linked fees above defined hurdles. All fees are fully disclosed before any commitment.
How is risk managed?＋
Through conservative underwriting, disciplined leverage, structured escrow, insured contracts, independent valuations and quarterly reporting.
Do you co-invest?＋
Yes. We co-invest on every transaction to align our incentives with our partners.
How is reporting delivered?＋
Quarterly investor reports covering financials, operations, business plan progress and forward-looking sensitivities. Annual audited accounts where required.
What fiscal structures do you use?＋
SCI, SARL de famille, SAS and, for eligible investors, dedicated holding structures. Structuring is settled before any commitment is signed.
Do you help with financing?＋
Yes. We arrange senior debt with our banking partners at competitive terms for qualified transactions.
What renovations do you handle?＋
Full renovation programmes, from single lots to entire buildings. Our in-house project team manages design, permitting, execution and delivery.
Do you offer property management?＋
Yes. Active management of leasing, income, capital expenditure and tenant relationships is included in most mandates.
How do I get started?＋
The starting point is a confidential conversation. We share an investment memo only when there is a clear fit between your objectives and our current pipeline.
How long does the process take?＋
From first conversation to signed subscription documentation, typically 4 to 8 weeks for co-investments, longer for dedicated mandates.
Do you sign non-disclosure agreements?＋
Yes. Mutual non-disclosure is signed before any confidential financial or transactional information is shared.
Where can I read more?＋
Our blog covers French real estate investment topics in depth, from acquisition to taxation to renovation.