We are one of the largest landowners in the Île-de-France region. Our overall real estate portfolio consists of 750 hectares made up of 500 hectares of rail track, 150 hectares of industrial buildings (maintenance workshops, bus depots and bus terminals) and 100 hectares of tertiary or social buildings. It also includes thousands of social housing units, allowing eligible RATP employees to live close to their place of work.
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This portfolio has the particularity of still being largely located in Paris, where we are one of the last remaining industrial operators. This is necessary for our proper functioning: with infrastructure in the heart of the capital, we can guarantee an efficient service for passengers.
A portfolio that evolves as we upgrade
Today, our real estate portfolio dedicated specifically to operations consists of 25 bus depots, as well as about twenty workshops, maintenance and garage sites for each of our metro, RER and tram lines and several parking areas with tracks.
These buildings must regularly evolve to adapt to service conditions. For example, most of the bus depots have been active since the end of the 19th century or the beginning of the 20th century.
Some of them were originally designed for horse-drawn buses. However, by 2025, they will have to accommodate a growing number of buses using exclusively electric or natural gas engines. They must also adapt to the current regulations, especially in terms of environment. Furthermore, we are committed to reducing energy consumption by 50% in our tertiary and industrial buildings by 2025.
This portfolio’s management and evolution represent an annual budget of €500m, excluding depreciation. We must restructure existing buildings, as we do not have any land available for new construction, in order to adapt our real estate portfolio to the growing operational needs and to upgrade it. This requires very specific expertise in urban integration, which has turned into a true real estate development policy.
Two of our subsidiaries are at the heart of the management and development of our real estate portfolio:
This is our social housing subsidiary. Initially created in 1959 to provide affordable housing to our staff members with staggered working hours, it is now a major player in social housing in the Île-de-France region. It manages a stock of 7,000 housing units, spread over 188 sites and 47 towns. This stock should rise to 10,000 housing units by 2020. RATP Habitat now specialises in supporting and transforming our industrial sites and has unique expertise in the functional diversity of the projects it takes part in. It builds 300 social housing units every year.
RATP Real Estate
Founded in 1990, RATP Real Estate manages and develops our real estate portfolio. It is active throughout a building’s life cycle, from the initial study through to management. It is active in the fields of surveying, construction works, development, and land management and control. It develops a sustainable city strategy for the Group’s projects, working on functional diversity and reducing energy consumption. It employs 81 people and manages an annual budget of €80m.
Learn more at: www.ratprealestate.com [This content is not available in English]
Working together with RATP to invent the city of tomorrow
Projects in the heart of the city
Our real estate development policy has taken form through the implementation of many projects over the past 25 years. For example, they have allowed the restructuring of 10.5 hectares occupied by industrial sites inside Paris, as well as the creation of numerous housing units in the Île-de-France region, including 1,450 social housing units, and public facilities (3 nurseries, 3 sports facilities, 2 schools, shops, green spaces, etc.) which have contributed to transforming neighbourhoods.