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CDC HABITAT : 223 million euros invested in 2021

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The three Reunion subsidiaries of CDC Habitat — Semader, SIDR and Sodiac – invested 223 million euros in Reunion in 2021, according to the activity report presented on September 7 by Anne-Sophie Grave, president of the board of directors. The three social landlords, owners of a total of nearly 42,000 homes, delivered an additional 708 last year, launched the construction of more than 1,000 others and launched 635 rehabilitations. The 223 million investments are distributed between construction (125 millions), the layout (14 millions) and rehabilitation and maintenance (81 millions). The Semader, Sodiac and SIDR are currently facing various obstacles to achieve the announced objectives (880 million investments in three years). In the field of rehabilitation, they struggle to find enough companies trained to intervene in occupied environments. In that of construction, they are suffering from the rise in prices of construction materials, which make operations 10% to 20% more expensive and compromise the exit of a quarter to a third of social housing programs.

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