UXCO Group

UXCO Group operates as a prominent entity within the managed residential real estate market in France, leveraging over 25 years of experience in the sector. The firm functions as an integrated investor, developer, and operator of various residential assets. Since 2019, Brookfield Asset Management has held a majority stake in UXCO Group, supporting its strategic growth and market presence. The company's fundamental mission centers on revolutionizing daily life through a user-centric and forward-thinking approach, consistently prioritizing community engagement and the overall well-being of its residents. This integrated model allows the group to manage the entire value chain of its real estate projects, from initial investment and development to ongoing operation.

The history of UXCO Group traces back to 1998 with the establishment of Oceanis Promotion, its real estate development arm. The company expanded its offerings early on, opening its first aparthotel in 1999 under the PARK & SUITES brand. A significant milestone occurred in 2004 with the launch of its first student residence, operating under the Suitétudes brand, marking its entry into the purpose-built student accommodation (PBSA) market. Further diversification came in 2018 with the introduction of the ECLA co-living residence concept, which quickly grew to include ECLA Paris Palaiseau, recognized as the largest co-living residence in Europe by 2023. This evolution demonstrates the firm's adaptability and commitment to addressing diverse residential needs.

UXCO Group's operational structure is designed to manage a diverse portfolio, currently encompassing nearly 15,000 beds across 76 residences throughout France. The group is organized into three primary entities that drive its comprehensive activities. The student and co-living division is managed by UXCO Property and UXCO Management, overseeing the specialized brands in these sectors. Océanis Promotion serves as the dedicated real estate development arm, responsible for creating innovative living spaces across various categories, including co-living, student, hotel, and traditional residential properties. Additionally, Appart'City handles the firm's hospitality operations, further broadening its scope within the managed residential and accommodation market.

The firm maintains a substantial focus on the Purpose-Built Student Accommodation (PBSA) sector, a core component of its portfolio. The UXCO Student brand is specifically tailored to redefine student housing by providing modern, flexible, and enriching living experiences for students across France. These residences are designed as stimulating environments that support students throughout their academic journeys and beyond, offering high-quality services, fully furnished apartments, secure access, and dedicated common areas to foster community. With over 60 UXCO Student residences nationwide, the company aims to address the undersupplied French student housing market. UXCO Group has an ambitious goal to expand its portfolio to 25,000 beds by 2027, actively pursuing new developments such as recent acquisitions of student residence projects in the greater Paris area, which are projected to add 251 beds by 2026 and 2027.

Innovation, boldness, and creativity are central to UXCO Group's operational philosophy, guiding its approach to developing and managing residential solutions. The company is driven by a commitment to "transforming lifestyles" and shaping sustainable cities for the future. This commitment is reflected in its integration of sustainable practices into daily operations, which include responsible resource management, the utilization of renewable energy sources, and the optimization of building energy performance. The firm has initiated a decarbonization plan with the objective of reducing carbon emissions by at least 50% for scopes 1 and 2 across its portfolio by 2030. Through these efforts, UXCO Group strives to provide environmentally conscious residences that are certified BREEAM and RE2020, aligning its projects with sustainable development goals and enhancing the well-being of its residents.