Activity/organization/distribution structure

Crédit Mutuel Immobilier and its eight subsidiaries1 make up Crédit Mutuel Alliance Fédérale’s real estate network. It covers all real estate activities in France and had 340 employees at the balance sheet date.

Crédit Mutuel Immobilier encompasses all of the Crédit Mutuel Alliance Fédérale real estate business lines:

  • AFEDIM provides the networks of Crédit Mutuel Alliance Fédérale and CIC and the federations of Crédit Mutuel Nord Europe, Crédit Mutuel Maine-Anjou Basse-Normandie and Crédit Mutuel Océan access to a catalog of new properties (apartments, homes, serviced residences) which it has pre-selected and referenced from the offerings of our network of partner developers. It also offers all its investor clients a leasing management and insurance service;
  • AFEDIM Gestion provides real estate leasing and management, technical, administrative and real estate legal services for landlords and investors, based on the same scope as AFEDIM;
  • Crédit Mutuel Aménagement Foncier transforms unprepared sites into sites ready for the construction of residential buildings, public facilities or buildings for tertiary services;
  • Crédit Mutuel Réalisations Immobilières (SOFEDIM) operates at the point when land ready for construction is provided to Crédit Mutuel Alliance Fédérale’s developer clients, by acquiring interests in their programs and overseeing financial management of the operations in return for a management fee;
  • Where requested by the wider network, Crédit Mutuel Participations Immobilières offers equity support for the real estate development operations of the group's developer clients;
  • Valorisation Immobilière helps Crédit Mutuel Alliance Fédérale’s personal and professional customers to ascertain and maximize the value of their real estate assets, notably by organizing tenders among approved development partners and customers of Crédit Mutuel Alliance Fédérale;
  • Ataraxia Promotion, a fully-fledged developer in France’s Ouest region, offers Crédit Mutuel and CIC network customers real estate that precisely matches their needs and guarantees a high level of quality.
Find out more about our other business lines

1 List of eight subsidiaries : development/subdivisions : Crédit Mutuel Aménagement Foncier ; distribution of real estate property and services : AFEDIM and AFEDIM Gestion ; real estate development : ATARAXIA Promotion ; real estate co-development : Crédit Mutuel Réalisations Immobilières ; financing rounds : Crédit Mutuel Participations Immobilières ; real estate valuation : Valorisation Immobilière ; distribution of existing properties : AFEDIM Transactions.