About us

Investment Profile and Origin

A partner for complex property investments

In 1973, Jean-Claude Pick founded his first real estate company in France, and in 1981 opened Cofinance Inc. in the USA, resulting in the international Cofinance Group. For over 40 years and through multiple market cycles, Cofinance Group has successfully completed numerous investments and currently manages a $ 1 billion real estate portfolio.

Cofinance Group SA, a Luxembourg company, is today a global entrepreneurial platform that seizes real estate opportunities with high added value. Cofinance defines investment strategies and implements creative and innovative solutions to maximize return on investment. Through its subsidiaries, Cofinance SAS in France and Cofinance Inc. in the USA, the Group develops and manages diversified properties (retail, offices, hotels, residential).

Cofinance Group SA has developed special partnerships on both sides of the Atlantic with institutional and private investors and banks, but also with key people in the real estate business, including contractors, architects, hotel operators, etc.

The Organization

An international organization / Local real estate expertise

The major milestones of Cofinance Group:
1973Jean-Claude Pick founded a real estate company
1976First development of a shopping centre in Val de Rueil (France)
1980First development in the United States – a shopping centre in Santa Rosa, California
1983Co-development with ACCOR of the first Ibis Hotel in England (London – Heathrow)
1986Development of the Arcades Shopping Centre, Place de Clichy, Paris
1988Total renovation with elevation of 31 Place de la Madeleine, Paris – Current headquarters of COFINANCE SAS
2004Acquisition and redevelopment of a commercial site in Laval-Saint Berthevin
2006Opening of the Newburgh Mall in New York State
2010Launch of the restructuring project of the Hôtel des Cures Marines in Trouville-sur-Mer
2014Acquisition and redevelopment of the Cité Toulouse Lautrec, a residential complex in Montmartre, Paris
2015Delivery of the Hotel Thalasso Sea & Spa des Cures Marines
2016200 m$ operations set up as co-investments and creation of 2 OPPCI for long-term co-investments
2019Development with the developer ESSOR of the European Hub Fedex (50,000 m²) 30-year lease

Investment Strategy

An international organization / Local real estate expertise

The Cofinance Group operates through its subsidiaries Cofinance SAS in France and Cofinance Inc. in the United States in the acquisition and repositioning of real estate assets with the objective of value creation.

Value can be created by redeveloping the property, re-tenanting or changing occupancy class to achieve the building’s highest and best use.

Cofinance can acquire varying asset types including office, retail, multi-family, hotel and industrial ranging from $10 – $40 million or more, under certain circumstances.

Cofinance acquires assets through partnerships with trusted investors or direct investments.