Paris-based Tikehau Capital has announced plans to merge its real estate subsidiary SOFIDY into Tikehau Investment Management, the group’s asset management company, bringing together two complementary franchises under a single real assets platform. 

SOFIDY specializes in real estate vehicles for French individual investors, notably SCPI structures—unlisted real estate funds like non-listed REITs that allow investors to pool capital into diversified property portfolios managed by a professional team. 

Following completion of the transaction, SOFIDY will retain its brand and continue to focus on serving private investors through open-ended real estate funds, while benefiting from Tikehau’s broader distribution, structuring, and institutional relationships. The integration is designed to reinforce Tikehau Capital’s position in alternatives, particularly within the private client segment. 

Combined under Tikehau’s Real Assets strategy, the units will manage €13.8 billion (approximately $16 billion) in assets. Across the group, Tikehau Capital, a global alternative asset manager, oversees €51.1 billion (about $59 billion) in total AUM. 

“This proposed merger represents a significant milestone in our real estate development strategy,” said Henri Marcoux, deputy CEO of Tikehau Capital. “By bringing together our complementary expertise, we intend to create a distinctive platform that can address the challenges of a rapidly evolving market and support our clients across all real estate segments.” 

The future platform will combine the real estate strengths of Tikehau’s subsidiaries across fund management, distribution, and client service. The deal is expected to be finalized by the end of the first quarter of 2026 and will be overseen by a dedicated committee comprising experienced real estate managers from both organizations.