SNCF Immobilier, a 100% subsidiary of SNCF, manages 30,000 hectares, has a portfolio of 8 million square meters of buildings, representing in particular 100,000 housing units. Luxigon
The real estate subsidiary of the public company is the second largest landowner in France, after the State.
SNCF, they are first of all trains. But the group is also a giant in the field of real estate. “SNCF Immobilier is the second largest landowner in France, behind the State”, recalls Katayoune Panahi, Managing Director of SNCF Real Estate. The figures are impressive: the company, a 100% subsidiary of the SNCF, manages 30,000 hectares, has a heritage of 8 million square meters of buildings, representing in particular 100,000 housing units. Its first mission remains linked to the business of its parent company. “We manage the real estate ets necessary for railway activities, whether technical premises or offices”, says Katayoune Panahi.
However, his roadmap is also broader. “We must value the land ets that are no longer necessary for the railway activities”, says the manager. With a clear philosophy: “We have the ambition to carry out restorative urban development, trying to correct the weaknesses of the inherited model…
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