Societe Immobiliere et de participations SA
BBVMT:SIMPA35.50
TND
+0.08
(+0.23%)
ISIN
TN0004000055
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate development
- Address
- Tunis Tunisia
- IPO Date
- Jan 1, 2006
- Similar Companies
- Business
- Societe Immobiliere et de Participations SA (SIMPAR) is a Tunisia-based real estate development and investment holding company engaged in property promotion, building construction, and real estate portfolio management. Founded in 1973 and headquartered in Tunis, Tunisia, the company operates as a specialized real estate development affiliate of Banque Nationale Agricole (BNA) Group. SIMPAR conducts its operations across property development, land parcel subdivision, and investment holdings, catering to private residential buyers, corporate tenants, and institutional clients across Greater Tunis, coastal regions, and major urban centers in Tunisia. The company's core product and service portfolio includes residential real estate development, comprising multi-unit apartment residences, high-standing residential complexes, and individual housing estates; commercial and professional real estate development, encompassing modern office buildings, business centers, and retail commercial spaces; land development and subdivision services, covering land acquisition, infrastructure servicing, site planning, and prepared building plots; property sales and advisory solutions, including commercialization, customer transaction assistance, and post-delivery property management; and strategic equity participations, involving investment holdings in associated real estate, construction, and financial services entities. In recent developments, SIMPAR has pursued strategic inventory monetization programs to accelerate the sales velocity of completed residential units and optimize working capital efficiency. The company has strengthened commercial synergies with parent institution BNA Bank to provide structured mortgage and home-financing facilities for retail purchasers, while actively restructuring its land bank reserves and focusing new project launches on high-demand urban residential corridors to adapt to construction cost pressures and prevailing market conditions in Tunisia.