Sofidy is an asset manager in the real estate management sector in France and Europe. It was set up in Evry (France) in 1987 and managed assets of €6.2 billion (as of December 2019). In December 2019, Tikehau Capital (a UN PRI signatory) acquired Sofidy.
Sofidy is involved in the creation and development of investment and savings products particularly focused on retail and office real estate. Sofidy is also an independent player in the SCPI (real estate investment trust) market. Sofidy has expanded over the years and currently manages over 4,200 real estate assets on behalf of over 50,000 individual investors and a large number of institutional investors.
Sofidy focuses primarily on fundamental analysis (economic, financial, geographic, demographic, regulatory factors as well other ESG factors) and highly selective investments.
Signatory of the UN Principles for Responsible Investment (UN PRI) since 2013, Sofidy has made a commitment to formally incorporate ESG considerations in its investment strategy throughout the investment life-cycle and report on its progress.
Sofidy is a subsidiary of Tikehay Capital and therefore, the firm is fully covered by the Group’s responsible investment strategy. It covers the compete spectrum of responsible investment and is composed of four main pillars: exclusions, ESG integration, ESG engagement and sustainability-themed investments.