The company holds, renovates, markets and manages the premises over time. It also brings real-estate expertise and financial support to towns facing a weakening of their shopping streets. Its founders are the Métropole, the Banque des Territoires, the regional chambers of commerce and of crafts, the Semmaris wholesale market operator and a regional cooperative bank.

On 15 October 2026 the board approved four new files covering nine premises: two new shops in Bondy, three on a pedestrian street in Juvisy-sur-Orge, a vacant unit to be redeveloped in Charenton-le-Pont and three new shops in Fontenay-sous-Bois. Reopened units have gone to a baker, a florist, a fishmonger, a café, a wine shop, a cheesemonger and a pharmacy. The goal is to invest close to €140 million, enough for about 400 shops over ten years.

Owning the premises gives a town a say in which kinds of shops take the space. That matters in streets where empty units tend to be taken by whoever pays most. Vacant shopfronts are one of the main pressures on town-centre retail across Europe. The case shows a tested way for local authorities to take control of commercial premises and keep everyday shops in the street.

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