ALTAREIT: directors' dealings · France · AMF

About ALTAREIT

ALTAREIT is a French integrated real estate group listed on Euronext Paris and 99.85% owned by Altarea. It is positioned as a pure player in property development in France, with expertise spanning nearly all real estate asset classes: housing, offices, retail, logistics, hotels, serviced residences, photovoltaic infrastructure and data centers. This broad platform gives the company the ability to address urban transformation across multiple segments, combining development, structuring, marketing and, for certain assets, co-investment or long-term asset holding capabilities. The group’s history is closely tied to Altarea, which was founded in 1994 by Alain Taravella, a well-known figure in French real estate. Altarea was listed on the stock market in 2004, marking an important step in the group’s evolution into a listed real estate platform. The reference documents also indicate that the legal entity Altareit itself was founded in 1955 under its corporate bylaws, but its current strategic profile reflects the gradual development of the Altarea group into a fully integrated urban real estate developer. Operationally, ALTAREIT’s business is organized around several core activities. In residential real estate, it develops housing projects and has recently emphasized more affordable, lower-carbon offerings such as the Access range. In office property, the group acts as a developer on off-plan sales and repositioning projects, particularly in the Paris region and major regional cities. In logistics, ALTAREIT develops large-scale platforms located on strategic transport corridors, under strict technical, regulatory and environmental requirements. The company also invests in adjacent businesses such as photovoltaic infrastructure, data centers and real estate services, supporting a more diversified and recurring earnings profile. Geographically, ALTAREIT is primarily focused on France, with a strong footprint in the domestic market and especially in the Paris region, while also developing projects in several regional areas. It works with major institutional clients and operators, which supports execution on complex assets. For 2024, the group reported revenue of €2.442 billion and shareholders’ equity of €751 million, underlining a solid capital base for a property developer. It also highlighted its carbon performance, with CO2 emissions down 52% since 2019, and reported strong liquidity resources.