Altareit SCA is a prominent French real estate development and investment company, functioning as a 99.85%-owned subsidiary of the Altarea Group. The company operates across multiple real estate asset classes, with its core business segments divided into Residential, Business Property (including offices, retail, logistics, and hotels), and Diversification (such as serviced residences, data centers, and photovoltaic infrastructure). Altareit's business model spans the entire property development value chain, from land acquisition and project design to construction management and final sale or leasing.
The Residential segment is the company's largest revenue driver, making it one of the leading residential developers in France through brands like Cogedim. In this segment, Altareit develops and sells new housing units, including affordable and low-carbon homes, primarily to individual buyers and institutional investors. The Business Property segment focuses on developing commercial spaces and large-scale urban renewal projects, often retaining select assets to generate recurring rental income. Geographically, the company's operations are heavily concentrated in France, with a strong presence in major metropolitan areas like Paris. Altareit distinguishes itself by integrating high environmental standards into its projects, aligning with sustainable urban transformation goals, and leveraging the extensive expertise of its parent company, Altarea.
