AI for commercial real estate,
built by a small team
in Paris.

RETCO was a deal-flow and data platform for real-estate investors, brokers and asset managers. In 2025 the team and the technology joined SONEKA, which became part of Orisha Real Estate in 2026.

Founded 2022 Joined SONEKA · 2025 Part of Orisha Real Estate · 2026

Read the story ↓ Orisha Real Estate ↗

A rough history

2022

RETCO is founded in Paris

Georges Mahl and Youssef Nadim start RETCO with one idea: the commercial real-estate investment process runs on PDFs, spreadsheets and email threads, and most of that work can be structured and automated.
2022–23

Station F, programs and first believers

RETCO is incubated at Station F through the INSEAD Launchpad, joins the 212 Founders programme, is accelerated by WILCO and backed by Bpifrance. First real-estate professionals start using the product.
2024

The platform ships

Pipeline management, a collaborative data room, an interactive market study with hundreds of comparables on a map, and AI extraction of unstructured documents (leases, annexes, emails) into a clean, queryable database. The first public website goes live at retco.ai.
Sep 2025

RETCO joins SONEKA

The RETCO team and technology are integrated into SONEKA, the real-estate asset & portfolio management platform founded in 2017 by Benoît André and Victor Beth. The goal: bring AI to the whole real-estate value chain, from investment preparation to asset-management monitoring. RETCO stops operating as an independent company.

SONEKA announcement ↗ Business Immo ↗
Jun 2026

SONEKA is acquired by Orisha Real Estate

On 30 June 2026, Orisha Real Estate, the real-estate division of the European software group Orisha, acquires SONEKA to strengthen its asset-management offer. At that point SONEKA serves around 80 clients and 5,000 daily users, with 25,000+ assets across 13 countries on the platform. What started as RETCO now lives inside Orisha Real Estate, a 450-person real-estate software division of a group of around 2,300 people.

Orisha announcement ↗ Orisha group ↗

2022 RETCO Georges & Youssef

2025 SONEKA Benoît & Victor · est. 2017

2026 Orisha Real Estate realestate.orisha.com ↗

What we built

An AI-driven deal-flow management platform for real-estate investment, designed to accelerate the process from sourcing to acquisition, and to make property data usable.

Pipeline management

Generate your pipeline automatically and track every deal in one place.

Data management

Centralise, analyse and manage property data in real time from a single tool. Spot new opportunities.

Market study

Visualise opportunities and comparables on a map: deals, investment transactions and rent transactions.

Task management

Communicate and collaborate with every stakeholder of a transaction in one workspace.

AI document extraction

Automatic extraction of data from unstructured documents (PDFs, leases, annexes, emails), structured and linked into a database you can actually query. This is the piece that carried on into SONEKA.