French Real Estate Mid-Large Cap Stocks

Gecina

Market Cap: €6.2b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at 17.0bn Euro as at June 30, 2025.

Argan

Market Cap: €1.6b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.

Klépierre

Market Cap: €9.4b

Klépierre is the European leader in shopping malls, with exclusive focus on continental Europe.

Frey

Market Cap: €937.5m

Engages in developing, owning, and managing commercial real estate assets primarily located in France.

Icade

Market Cap: €1.6b

A full-service real estate company with expertise in both property investment (portfolio worth €6.2bn as of 06/30/2025 – 100% + Group share of joint ventures) and property development (2024 economic revenue of €1.2bn) that operates throughout France.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Covivio

Market Cap: €6.2b

Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today’s user experience and designing tomorrow’s city.

Mercialys

Market Cap: €1.0b

Mercialys is one of France’s leading real estate companies.

Unibail-Rodamco-Westfield

Market Cap: €12.9b

Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States.

Altarea

Market Cap: €2.3b

Altarea is the French leader in low-carbon urban transformation, with the most comprehensive real estate offering to serve the city and its users.

Covivio Hotels

Market Cap: €4.0b

Specializes in owning business premises in the hotel sector.

Société Foncière Lyonnaise

Market Cap: €3.1b

A benchmark player in the prime segment of the Parisian commercial real estate market, Société Foncière Lyonnaise stands out for the quality of its property portfolio, which is valued at €7.7 billion and is focused on the Central Business District of Paris (#cloud.paris, Edouard VII, Washington Plaza, etc.), and for the quality of its client portfolio, which is composed of prestigious companies.