NR21

Company Description

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ALTAREIT IN A NUTSHELL: Pure player of the real estate development in France

As a 99.85% subsidiary of Altarea Group, Altareit combines a unique know-how in residential and business property development. Altareit also managed the retail development part of the mixed-use projects led by Altarea Group.

Altareit is a 100% developer in the residential business (including serviced residences).
In the business property sector, the Group is medium-term investor (at 100% or in partnership) to capture iconic operations and related value creation.

Year founded

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1955

Served area

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France

Headquarters

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87 Rue de Richelieu, 75002 Paris – France

Shares outstanding

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73,771

IPO

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April 26, 2013

Stock exchange(s)

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Euronext Paris