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Altareit

Altareit is a French real estate developer and a 99.85%-owned subsidiary of the Altarea group, covering all property asset classes.

Last updated September 15, 2026

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Overview

Altareit is described on its official website as an integrated real estate group and a 99.85%-owned subsidiary of the Altarea group. It has expertise as a developer covering all property asset classes: housing, offices, retail, logistics, hotels, serviced residences, photovoltaic infrastructures and data centres. According to the site, this specificity enables it to respond effectively and comprehensively to the challenges of urban transformation.

History

Altareit's official website presents it as an integrated real estate group and a 99.85%-owned subsidiary of the Altarea group. It states that Altareit has expertise as a developer covering all property asset classes: housing, offices, retail, logistics, hotels, serviced residences, photovoltaic infrastructures and data centres, a specificity the site says enables it to respond effectively and comprehensively to the challenges of urban transformation. The site's news listing records corporate and financial events from 2021 onward, including half-year and annual results, an S&P Global credit rating affirmation at BBB− with outlook revised to "stable" (6 October 2025), a residual maturity call notice (31 March 2025), Altarea's announcement of several major logistics disposals (2 December 2024), Altarea's appointment of Edward Arkwright as Group CEO (27 November 2024), and updates concerning the proposed acquisition of the Primonial Group, including Altareit's statement that the acquisition could not be completed under pre-agreed conditions (2 March 2022) and its reiteration that it firmly disputes the merits of all Primonial shareholders' compensation claims (16 January 2023).

Products and positioning

Integrated real estate group with development expertise across all property asset classes.

  • Housing

  • Offices

  • Retail

  • Logistics

  • Hotels

  • Serviced residences

  • Photovoltaic infrastructures

  • Data centres

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