Paper-stone enters the era of artificial intelligence

Real Estate Investment Companies (SCPI) have long been a way to access commercial real estate without directly purchasing a property. Investors entrust their capital to a management company that selects assets and tenants, takes care of maintenance, and distributes dividends from rents. The appeal of an SCPI lies in the geographical and sectoral diversification it provides, accessible from just a few hundred euros.

At the same time, the adoption of artificial intelligence (AI) is accelerating in finance: 85% of young French people aged 18 to 24 regularly use generative AI tools, and nearly one in two French people uses it daily. The global market for generative AI in finance, valued at $1.67 billion in 2023, is expected to exceed $16 billion by 2030. In this context, Figen AI's initiative marks a turning point for paper-stone.

An AI platform covering 100% of SCPIs, OPCIs, and SCs On September 3, 2025, Figen AI announced the launch of SCPI.AI, a SaaS and API platform that promises to cover 100% of publicly accessible real estate funds (SCPI, OPCI, and civil companies). This solution relies on over 200 financial and ESG indicators and utilizes ten years of quarterly data, since 2013.

The goal? To provide a comprehensive financial and non-financial analysis of each fund, whether dedicated to yield, capital appreciation, or diversification.

The SCPI.AI platform lists all 270 publicly available real estate funds. Thanks to generative AI, users can "interact" with an SCPI: compare multiple funds based on chosen criteria, establish a personalized scoring, track the evolution of indicators, or confront ESG commitments with concrete actions. This transforms the way paper-stone is analyzed.

A unique database and human oversight SCPI.AI owes its power to an unprecedented database, built from thousands of documents: quarterly bulletins, annual reports, annexes to the prospectus, or informational documents. The founders of Figen AI emphasize that they have developed a data extraction module capable of structuring previously unstructured information.

Each indicator (financial occupancy rate, enjoyment period, number of partners, ESG strategy, etc.) is tracked quarter by quarter. For example, an SCPI launched in 2015 can be monitored for its occupancy rate over the past ten years, providing a rare historical perspective.

To ensure reliability, automated extraction is accompanied by human oversight.

This approach addresses a transparency imperative: European regulations now classify automated financial evaluation tools among high-risk devices and impose transparency, regular audits, and human supervision. By combining AI and human expertise, Figen AI aims to provide robust analyses while adhering to regulatory requirements.

A service for professionals and individuals SCPI.AI is designed for management companies, wealth management advisors, and, more broadly, all savings stakeholders.

The solution is accessible via a subscription-based SaaS platform or through an API for integration into existing business tools. Figen AI specifies that this version 0.1 will initially be offered to about 800 clients, before being regularly enhanced (new ESG data, allocation tracking, etc.).

Since January, the Figen AI platform has evolved from a single AI agent covering 10% of needs to about twenty specialized AI agents covering 70% of requests; SCPI.AI will benefit from this rapid progression.

For wealth advisors, the tool represents a powerful lever: it centralizes information, facilitates fund comparison, and allows for well-argued recommendations. Individuals, on the other hand, find clear access to financial and non-financial data that was previously scattered.

Towards a new era of paper-stone analysis By combining generative AI and a comprehensive database, SCPI.AI aims to democratize the analysis of SCPIs and real estate funds, offering transparency and accessibility.

As AI becomes established in many sectors and 74% of companies that have invested in generative AI believe they have exceeded their objectives, Figen AI positions paper-stone at the forefront of this revolution.

The platform is thus expected to become an essential tool for anyone wishing to invest, advise, or monitor the SCPI market.