- CEO
- Edward Rodolphe Paul Arkwright
- Full Time Employees
- 1,655
- Sector
- Finance
- Industry
- Real estate development
- Address
- 87 rue de Richelieu Paris IF France 75002
- IPO Date
- Jan 1, 2004
- Business
- Altarea SCA (ALTA.PA) is a French real estate company specializing in low-carbon urban transformation, operating as a developer, investor, and manager of commercial and residential properties. Founded in 1994 and headquartered in Paris, France, the company conducts activities across retail, residential, and business property segments, with operations primarily in France and subsidiaries in Spain and Italy. Its core offerings include regional shopping centers, retail parks, and convenience retail through the Retail segment; residential property development encompassing optimized two- and three-room apartments, social housing, and new-generation low-carbon homes through the Residential segment; and office buildings, logistics facilities, investor services, photovoltaics, and data centers through the Business Property segment; complemented by property management, external services, and asset management for third parties.
The company targets urban stakeholders, first-time buyers, institutional investors, and corporate clients, delivering tailor-made real estate solutions aligned with EU Taxonomy sustainability standards, achieving 74.8% alignment as of September 2025. Recent developments include a partnership with Crédit Agricole Group for a 25/75 joint venture covering 125 MWp of photovoltaic infrastructure across over 700 solarized rooftops, securing a 500 MWp pipeline; accelerated edge data center projects, including a 7 MW IT facility in Vélizy and hyperscale AI-dedicated sites; acquisition of Prejeance Industrial for €140 million in 2024 to bolster logistics; divestiture of its stake in MRM SA to SCOR SE in 2024; and a residential production ramp-up with new orders up 14% to 6,113 units and revenue growth resuming at +3.6% in Q3 2025, supported by 8,826 building permits granted.