PAREF
Group

Key figures

AS OF JUNE 30, 2021

Own-account assets

200 M

Assets managed on behalf of third parties

2.2 Bn

EPRA NRV

125.2

Our
History

The new SCPI Interpierre Europe Centrale is launched

This fund targets office and business premises assets located mainly in Poland but also in the Czech Republic and Hungary. By targeting Central Europe, the SCPI wishes to benefit from the virtuous circle that characterizes the economies of these countries.

Acquisition of the Franklin Tower

In September 2019, we finalized the acquisition of 6 floors in Franklin Tower located in La Défense (Greater Paris). This acquisition is the demonstration of the SIIC’s new strategy, namely the progressive growth in the value of the real estate assets held by the company PAREF with a proactive management allowing the repositioning on assets of significant size and mainly located in the Greater Paris area.

Accelerating growth

By carrying out an oversubscribed capital increase of €17 million, we accelerate our development. A new solution is offered to our partners and investors on the basis of three pillars (own-account management with PAREF SIIC, for individual investors through PAREF Gestion and for institutional investors through PAREF Investment Management) with integrated teams that operate in synergy.

Fosun becomes the main shareholder, accelerating PAREF Group’s international expansion

We receive decisive support from the international group Fosun, which becomes the majority shareholder of PAREF, giving us an international dimension.

SCPI Atlantique Pierre 1 confirms our reputation

We are selected as the portfolio management company to manage SCPI Atlantique Pierre 1, confirming our expertise in real estate management.

Launch of SCPI Novapierre Allemagne, the first SCPI in the market to invest abroad

We innovate by launching the first SCPI invested in Germany: Novapierre Allemagne, specialising in commercial real estate. Alongside this, we creat a new OPPCI: Boétie 54.

Recognised savoir-faire

We confirm our expertise as a Portfolio Management Company (PMS), and obtain the management or a new SCPI, SCPI Capiforce Pierre.

A new era begins: PAREF Gestion is approved by the AMF

PAREF Gestion obtains its licence as a portfolio management company (SGP) from AMF and the creation of OPPCI Vivapierre fund further diversifies managed products.

SCPI Propierre becomes Interpierre France

SCPI Propierre is renamed Interpierre France and specialises in commercial real estate.

Listing on Euronext, a new dimension

By listing PAREF on Euronext Paris, PAREF Group enters a new dimension and opts for the SIIC status (Listed Real Estate Investment Companies).

Launch of SCPI Novapierre 1, specialised in commercial real estate

By capitalising on our savoir-faire acquired from our other SCPI we launch SCPI Novapierre 1, specialising in commercial real estate. The SCPI’s assets are located throughout France.

PAREF is born, committed to multi-sector expertise

With in-house skills and expertise, and a strong desire to diversify our activities, we creat PAREF (Paris Realty Fund), an SCA specialising in multi-sector real estate investment.

Launch of the 1st value SCPI on the market

We launch SCPI Pierre 48, the first Value SCPI on the market, with the idea to generate long-term capital gains.
SCPI Pierre 48 specialises in residential real estate subject to the 1948 law and substitutes (life annuity, bare ownership, etc.), located mainly in Paris.

SCPI Management Company licence obtained

PAREF Gestion / Sopargem is approved as ‘SCPI Management Company’, first recognition of our commitment to improving performance and dynamism in our clients’ investments.

The birth of a company committed to real estate

Sopargem is incorporated and later renamed PAREF Gestion in order to provide our clients with our savoir-faire and expertise. Creation of SCPI Propierre.

Management

Antoine Castro
CEO

Antoine Castro has over 20 years experience in real estate.

He begins his career as portfolio manager before occupying management positions at companies such as Morgan Stanley Real Estate, Quantum Global Real Estate and Fosun Hive Holding

Antoine joins PAREF Group in 2017 as Chief Executive Officer to impulse a new dynamic and drive the Group’s expansion in Europe and internationally. Antoine is also Fosun Global Partner and board member of PAREF.

Antoine is a Finance graduate from the University Panthéon Sorbonne (Paris I) and holds a degree in Corporate Finance from the University of Evry-Val-d’Essonne.

Anne Schwartz
CEO - PAREF Gestion

Managing Director of PAREF Gestion, Anne Schwartz has more than 20 years of expertise in real estate markets.

Anne begins her career in asset management before occupying various positions in real estate development and fund management, mainly as Deputy Managing Director at AXA REIM SGP and member of the executive committee of AXA IM Real Assets executive committee.

Anne joins PAREF Gestion in 2019, where she leads the development of the structure in France and Europe.

Anne is a graduate from ESLSCA Business School Paris and holds a Master’s degree in real estate from the University of Paris-Est Créteil, specializing in construction economics and real estate activities.

Magali Volet
Group CFO

Group CFO, Magali Volet has more than 20 years of experience in the finance and real estate Industry.

Magali begins her career at E&Y and AEW as Director of Mandate Administration and Club Deals. She then joins SNCF Immobilier as General Secretary of Espaces Ferroviaires.

Magali joins PAREF Group in 2020 where she oversees the financial strategy.

Magali is a graduate of EDHEC business school and the LSE, from which she holds a double degree in Finance and Real Estate Economics and in Accounting & Finance. Magali is also a member of the Royal Institution of Chartered Surveyors and AMF certified.

Anne Gillet-Feillon
Group Real Estate Director

Group Real Estate Director, Anne Gillet-Feillon has over 20 years of expertise in real estate investment and asset management.

Anne begins her career at First Paris Properties before moving to ING REIM France as Asset Management Director. She then joins Constructa Asset Management as Deputy Managing Director and member of the Executive Committee.

Anne joins Group PAREF in 2019 to manage and develop the Group’s portfolio in France and Europe.

Member of the Royal Institution of Chartered Surveyors, Anne also holds a Master’s degree in business law from the University of Paris XI and is a graduate of the Institute of Economic and Legal Studies.

Lydia Garcia-Behr
Group General Counsel

Group General Counsel, Lydia Garcia-Behr benefits from more than 20 years of experience in real estate law.

She spends most of her career at AXA REIM France and AXA IM Real Assets as Head of Legal within the Asset Management department and then Head of Legal Corporate Affairs and Transversal Projects.

Lydia joins the PAREF Group in 2018 as Group General Counsel, implementing the legal strategy across all company’s activities, in France and internationally.

A graduate of Paris-X Nanterre University, Lydia holds a DEA in private law, with a specialization in contract law, real estate, securities and banking law.

Sophie Xianyu
Group COO

Chief Operating Officer, Sophie Xianyu begins her career as a construction engineer and holds various project manager positions at Geoxia and Printemps before evolving as AMO Project Manager at JLL.

She subsequently joins PAREF as project manager and then COO, where she contributes to the implementation of the group’s strategy in terms of land planning and development.

Sophie is a UCLA graduate, from which she holds an MSc in Civil Engineering and Structure. She also holds a diploma from the Special School of Public Works, Building and Industry (ESTP).

Audrey Genovese
Head of HR

Audrey Genovese has over 7 years’ experience in human resources.

She begins her career at Salvatore Ferragamo before joining Tory Burch, where she evolves in a challenging and international environment.

Audrey joins PAREF Group in 2018, with the goal to develop the HR strategy to match the Group’s ambitions. Among her many missions, Audrey oversees the Group’s recruitment processes as well as skills development and talent retention programme.

Audrey is a graduate of IAE Business School Paris in Human Resources and Corporate Social Responsibility.

Our
Values &
our Culture

Diversity

Thanks to our expertise and to the diversity of assets at our disposition, we can support our clients throughout the entire real estate asset cycle.

Proactivity

We are constantly reinventing ourselves and proactively responding to new challenges in the sector.

Commitment

For nearly 30 years we have been committed to our clients and to making their investments grow.

Agility

Faced with the new challenges brought about by globalization, we operate with agility to grasp every prospect for the future.

Team spirit

A spirit of mutual support and collaboration, a commitment to common objectives for our employees and partners.

Open-mindedness

Employees who express themselves, meet to share their expertise and knowledge, for ever greater openness and transparency.

Excellence

Operational excellence is the very core of our DNA. Our expertise, responsiveness and discipline have enabled us to maintain a relationship of trust with our clients for many years.

Kindness

Valuing employees, fostering their development by providing the best possible tools and efforts to develop their full potential.

Our
Vision

360° REAL ESTATE PRECURSOR

With PAREF, at a time where globalisation rimes with the acceleration of our development, you will benefit from an international partner that integrates all the expertise needed to grow your real estate assets.

CSR

It is precisely because we are aware of the potential environmental problems generated by our activity that we are moving towards a more sustainable economy.

This is why, we incorporate a CSR approach into all our daily activities to promote the well-being of our customers and employees and reduce the long-term carbon footprint of our activities.