Paref SA is a real estate investment trust that engages in the real estate business. It operates through the following business segments: Direct Investment, Management for Third Parties, and Accessories. The Direct Investment segment comprises of investing in commercial properties such as offices, residential and commercial buildings and spaces. The Management for Third Parties segment includes managing commercial properties such as offices, residential and commercial buildings and spaces. The Accessories segment focuses on property dealing activities and purchases with regards to residential building opportunities for resale at retail. The company was founded by Hubert LÃ©vy-Lambert on June 30, 1997 and is headquartered in Paris, France.