ALTAREA
ALTA
ISIN FR0000033219 / Valor 508501
ALTAREA
UMushroom community rating:
About company
Altarea is a diversified real estate company with a comprehensive platform that spans across various asset classes in the real estate sector. The company operates in the development, investment, and management of real estate, leveraging its extensive expertise to cover the full spectrum of real estate assets. This includes residential properties, shopping centers, office buildings, and business parks, among others. Altarea's business model is designed to capitalize on synergies across these different segments, allowing it to undertake complex projects and deliver value to its stakeholders. The company's approach integrates development and investment strategies, aiming to create sustainable urban spaces that meet the evolving needs of communities and businesses. With a presence in multiple markets, Altarea has established itself as a key player in the real estate industry, contributing to the development of the urban landscape through its projects.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (03.12.2025):
ALTAREA — Q3 2025 summary: For ALTAREA in Q3 2025 (9 months to 30 September 2025) consolidated revenue was €1,429.1m (‑14.1% y/y) but revenue returned to growth in Q3 at €474.4m (+1.7% vs Q3 2024), driven by a rebound in Residential activity; EU Taxonomy alignment rose to 74.8% and the Group confirmed 2025 guidance (slight increase in FFO and stable dividend payable in 2026).
Consolidated revenue
9M consolidated revenue €1,429.1m (‑14.1% y/y). Q3 revenue €474.4m (+1.7% vs Q3 2024). Key 9M line: IFRS rental income €184.7m (+1.7%).
Residential recovery
New orders +14% in volume (6,113 units) and +6% in value (€1.4bn). Building permits obtained rose to 8,826 units; available inventory for sale 2,853 units (+13.8% vs end‑June). Residential revenue at completion up +3.6% in Q3 to €364.4m, reflecting ramp‑up of the new product offering.
Retail operating metrics
Retail performance resilient: tenant sales +1.2%, footfall +2.8%, leases signed €25.5m YTD, occupancy stable at 97.0% and rental income up +1.7% (9M).
Photovoltaics & Data Centers
PV: partnership with Crédit Agricole covering 125 MWp (Altarea retains 25%); pipeline ~500 MWp (140 MWp with guaranteed tariffs). Data centers: first edge site commissioned (Noyal, 3 MW IT), building permit for 7 MW IT in Vélizy, and a pipeline of sovereign/AI projects with potential >100 MW IT.
Financial position & credit
Strong liquidity at €1,757m (cash + undrawn facilities). S&P upgraded ALTAREA’s long‑term rating to BBB‑ (stable). EU Taxonomy alignment increased to 74.8% (9M).
Guidance & next dates
ALTAREA confirms 2025 guidance: slight increase in FFO and a stable dividend per share to be paid in 2026 (subject to no major deterioration in the macro/political environment). Full‑year 2025 results to be published 24 Feb 2026 (after market), presentation 25 Feb 2026.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2815 M
Market cap (USD)
3,902
Daily traded volume (Shares)
96.1 / 94.2
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
Matthew Mukesh
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