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When pension funds drive the Paris real estate market

One of them completed a transaction worth over €100 million in 2024.
Last year, EuroAthènes was acquired by... (CoStar)
Last year, EuroAthènes was acquired by... (CoStar)
Business Immo
August 13, 2025 | 10:10 AM

Translated from French.

CARCDSF, CARPIMKO, CARPV, CAVAMAC, CAVOM, CAVP, CAVEC, CPRN, CARMF, CIPAV... These acronyms may mean nothing to you. They refer to the ten pension funds for the liberal professions affiliated to the Caisse nationale d'assurance vieillesse des professions libérales (CNAVPL), as opposed to the Caisse nationale des barreaux français (CNBF), which is independent. Some of these pension funds have livened up the Paris real estate market in recent years.

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