Altarea Commerce

Altarea Commerce is the Altarea Group’s retail operator. Altarea Commerce is a real estate company, developer, investor and asset manager offering an unrivalled platform of commercial real estate skills spanning the entire value creation chain from the acquisition or development of an asset to its sale.

A broad and diversified portfolio

Altarea Commerce manages a portfolio of 42 assets valued at €5 billion and operates mainly in France, but also in Italy and Spain. Altarea Commerce welcomes retailers and visitors to 5 types of asset:

  • shopping centres
  • combined shopping and leisure centres
  • travel retail
  • retail parks
  • convenience stores

Its portfolio is characterised by an extensive range of retail formats unique in the market, allowing it to offer retailers bespoke development opportunities.

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An agile and committed player

Visionary and agile, Altarea Commerce is actively involved in reinventing the retail sector to cater for emerging consumption patterns. More than ever, retail outlets must be attractive, modern and flexible spaces offering customers an experience that is a source of pleasure and well-being. Altarea Commerce is also committed to promoting diverse, friendly, connected cities that create jobs and have a smaller environmental footprint. 100% of its portfolio is certified BREEAM In-Use.

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Our strengths

  • Expertise in terms of brand offering, with a multi-sector blend of international, national and local banners
  • Expertise in terms of integrating leisure and catering services in shopping centres
  • Rollout of a programme dedicated to the satisfaction of all our customers (retailers and consumers)
  • Ability to use our retail premises as media for brands, providing new ways to connect with consumers through Specialty Leasing
  • Complementary developer/investor business model
  • Recognised expertise in property rehabilitation and redevelopment projects
  • Architectural, real estate and environmental quality of projects (CAP3000 is the first shopping centre in the world to be awarded the Biodiversity® label)

Ludovic Castillo

Innovation is a never-ending process for Altarea Commerce. Today more than ever we are rising to new challenges to keep up with changing consumption patterns and developments in society as a whole. As a partner to cities and our customers, we see customer satisfaction as central to our purpose.

Ludovic Castillo Altarea Commerce' Chairman of the Board

Multi-format retail

CAP3000 (06)


Living spaces combining shopping, entertainment, digital technology and comfort to offer the best customer experience

Gare Paris-Montparnasse (75)


Venues designed as urban hubs

L'AVENUE83 (83)


Venues combining culture, entertainment, catering, sports and shopping

Les Portes de Brest-Guipavas (29)

Large retail parks

Open-air shopping areas

Issy Cœur de Ville (92)


Bespoke retail outlets on the ground floor of buildings for smart and creative urban operations under the Altaproximité offer



i.e. 946,000 m2



in assets


reduction in carbon emissions in our shopping centres between 2010 and 2019*

* figures at 31 December 2020 – portfolio assets and assets under management