Founded in 2010, Etic’s head office is based in Vaulx-en-Velin, a suburb of Lyon. In 2012, Etic opened its first Centre there, ‘Le Comptoir’ – a 3,800ft²/350m² coworking space for social entrepreneurs. Subsequently, in 2013, Etic helped a large insurance Company to create Le BeeoTop, a 65,000ft²/6,000m² office building for charities and NGOs in Paris, a building that Etic now manages.
Etic has developed and invested in four further projects, raising over €3m from 100 ethical shareholders as well as €2.8m from three institutions through the subsidiaries owning the buildings alongside Etic.
Etic’s investors are small private shareholders including employees and tenants, as well as business angels and social investment funds. Ethical Property Europe has invested €180k and The Ethical Property Company in the UK have invested €10k.
For more information please visit www.etic.co.