Altarea SCA is engaged in the real estate development industry. It owns and develops retail, residential, and office property assets. The company operates through three segments: Retail, Residential and Offices. The Retail segment includes shopping centers in France, Italy and Spain. The Residential segment comprises of high, medium, and entry costs housing in France. The Office segment 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. Altarea was founded by Alain Taravella and Jacques Nicolet in 1994 and is headquartered in Paris, France.