Societe Immobiliere Tuniso-Seoudienne SA
BBVMT:SITS3.76
TND
-0.16
(-4.08%)
ISIN
TN0007180011
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings 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 Tuniso-Seoudienne SA (SITS) is a Tunisia-based real estate development and property promotion company engaged in the acquisition, development, construction, marketing, and sale of residential, commercial, and mixed-use real estate properties. Founded in 1987 and headquartered in Tunis, Tunisia, the company operates across key urban and coastal metropolitan markets in Tunisia, with significant project concentrations in Greater Tunis. The company’s core business activities encompass the development and sale of residential real estate, including multi-family housing complexes, high-standing apartments, luxury residential buildings, and private residential estates; the development and marketing of commercial properties, comprising corporate office spaces, administrative centers, retail outlets, and commercial premises; land subdivision and development operations, including the acquisition of undeveloped land reserves, site preparation, infrastructure installation, and the partitioning and sale of fully serviced residential and commercial building plots; and real estate project management and technical supervision services. In recent operational developments, Societe Immobiliere Tuniso-Seoudienne SA has focused on monetizing its strategic land portfolio, accelerating the delivery and unit sales of its multi-phase residential programs, restructuring financing facilities to enhance liquidity, and tailoring new project designs to address shifting local demand for accessible and premium urban housing.