Macquarie Asset Management, on behalf of its institutional clients, provided an additional €100 million in long-term financing to Vilogia over December 2025, January 2026, and April 2026 to support its long-term plans of addressing shortages of quality affordable housing in the areas of greatest need across France. Since 2022, Macquarie Asset Management has provided €639 million in debt across 14 facilities to Vilogia with bullet maturities ranging between 13 and 43 years.
Vilogia is one of the largest not-for-profit social housing providers in France, owning and operating 87,000 homes dedicated to social or affordable housing. It provides housing for more than 190,000 residents across cities including Paris, Lille, Nancy, Metz, Strasbourg, Lyon, Marseille, Bordeaux, and Nantes.
Alexis Chiesa, Senior Vice President at Macquarie Asset Management, said: "We are pleased to continue our partnership with Vilogia through flexible, long-term financing solutions that help address France's social housing needs. As the largest producer of social housing in the EU1, France relies on key operators such as Vilogia to expand access to affordable housing and help build more inclusive communities. By providing stable, long-term capital, this funding supports the resilience and growth of the social housing sector while aligning with the strategic objectives of our European and UK institutional investors."
Stéphane Ganeman-Valot, Chief Financial Officer at Vilogia, said: "We are delighted to deepen our partnership with Macquarie. Its long-term approach aligns with the perpetual nature of our assets and complements our other sources of funding, and its bespoke funding with various rates and maturity profiles is valuable in a volatile economic environment. Macquarie is helping us to expand and upgrade our portfolio so we can provide more quality homes to the community."
Vilogia is on track to achieving its target of a minimum EPC rating of D across its entire housing portfolio by 2034. It has committed to achieving net‑zero emissions by 2050, in line with France's national climate objectives2.
Macquarie Asset Management, a leading global asset manager, has significant experience in the social sector, working in close partnership with local authorities and housing associations across the UK and Europe. Macquarie Asset Management's Credit & Insurance offering provides debt solutions, which have included support for Places for People's investments into existing and new housing, the City of Westminster's acquisition of temporary housing, and the funding of new and upgraded facilities for NHS Trusts across the UK. In total, the Credit & Insurance division has deployed in excess of €2 billion of debt to support social housing providers and local authorities across the UK and Europe.
- Housing Europe, October 2025
- France's climate action strategy, 2024
