CDC Habitat has invested 4,7 billion euros by 2025 to build and renovate housing in France

In 2025, CDC Habitat, the housing subsidiary of Caisse des dépôts (CDC) and a major player in social housing in France, delivered 20.091 new homes and launched the construction of another 20.000 across the country.

This volume represents a "very high level of production compared to levels a few years ago. The momentum has been excellent," emphasizes Clément Lecuivre, the new chairman of the board of CDC Habitat, confirming the trend already observed in 2024.

In total, the group manages 573.465 homes at the end of 2025, after the sale of more than 6.400 homes and the demolition of another 3.650, illustrating the ongoing transformation of its real estate portfolio.

Overall investment has reached a record level, with €3,95 billion allocated to new housing construction and €750 million to energy-efficient renovations and modernization of existing housing stock. This "historically high" amount reflects CDC Habitat's desire to play a "counter-cyclical role" in the context of a persistent crisis in the new housing market in France over the past three years.

The group is also strengthening its commitments to energy transition and decarbonization of the building sector, by investing to reduce its carbon emissions and adapt its housing to the effects of climate change.

This strategy is also "in line with the guidelines announced by the Prime Minister on electrification," notes Clément Lecuivre. The government has set ambitious targets, including phasing out gas for 2 million social housing units by 2050.

With this in mind, "We are already trying to eliminate gas as much as possible" from our facilities. And where gas is still used for heating and hot water, "from 2026 onwards, 25% of our gas consumption will be biogas," explains the chairman of the board, appointed at the end of March.

For 2026, CDC Habitat aims to maintain its level of activity, while remaining attentive to geopolitical impacts, particularly the war in the Middle East, which is fueling rising energy prices and inflationary tensions.

"I am not worried about our ability to achieve our objectives," says Clément Lecuivre, while acknowledging that a rise in interest rates could affect all players in social housing and construction.

Social landlords in France benefit in particular from funds from the Livret A savings account, distributed by the Caisse des dépôts at a rate currently set at 1,5%, which may change as early as this summer.

Despite this context, with rates "around 2%, we remain in favorable conditions to finance social housing", concludes Clément Lecuivre.

Illustrative image of the article via Depositphotos.com.