Altarea SCA is engaged in the real estate development industry. The firm owns and develops retail, residential, and office property assets. Retail includes shopping centers in France, Italy, and Spain. Residential comprises of high, medium, and entry costs housing in France. Office include buildings for lease in Paris and other French region such as the First tower, the Manhattan tower, the Cristal tower, le MarchÃ© St HonorÃ©, le CarrÃ© Saint Germain, le MarchÃ© Saint Germain, and la Fondation Cartier. The company was founded by Alain Taravella and Jacques Nicolet in 1994 and is headquartered in Paris, France.