Société de la Tour Eiffel SA

What Société de la Tour Eiffel SA does

Société de la Tour Eiffel SA is a French commercial real estate company (Société Anonyme) headquartered in Paris that operates as a Greater Paris-centered integrated property company focused on office buildings and diversified commercial assets. The company originated from the 1889 Eiffel Tower concession held by Gustave Eiffel, transitioned into a SIIC (Société d'Investissement Immobilier Cotée) structure in the 2000s, and currently operates a portfolio valued at approximately €1.6Bn comprising 523,000 sqm of floor area across offices, business parks, urban logistics premises, managed residential, and mixed-use assets. As of April 2026, SMABTP Group holds 95.35% of capital and voting rights following block acquisitions and has initiated a public tender offer at €8.20 per share that will result in mandatory squeeze-out and delisting from Euronext Paris.

The company's core offering is direct leasing of office buildings to commercial tenants across Greater Paris and major French regional metropolises (Lyon, Aix-en-Provence, Issy-les-Moulineaux). It has expanded into multi-storey urban logistics under the LILK (Light Industrial, Last Kilometer) registered sub-brand, with Nanturra delivered in late 2024 and Syrah in Bobigny delivered in June 2026, both featuring BREEAM Excellent sustainability certification. The portfolio transformation includes mixed-use reversible developments such as the Manufacture building in Lyon (partnership with VINCI Immobilier) and the Millésime headquarters for Les Nouveaux Constructeurs in Issy-les-Moulineaux, alongside divestitures of non-strategic assets including the Parc Eiffel des Aygalades in Marseille and former Spanish holdings.

Revenue is generated primarily through recurring rental income from leased office, logistics, and mixed-use properties, with named enterprise tenants including Sopra Steria (full lease of EvasYon in Lyon), iXcampus (nanotechnology campus partnership), VINCI Immobilier, and Les Nouveaux Constructeurs. The company distributes through a direct B2B sales-led motion targeting companies of all sizes in high-potential locations, supported by a tenant services portal and ESG-led positioning. The pending delisting under SMABTP ownership signals a transition from public-market REIT to privately held insurance-affiliated asset manager, with continued emphasis on portfolio rotation toward higher-yield urban logistics and mixed-use formats rather than geographic expansion.

Name

Société de la Tour Eiffel SA

Legal name

SOCIÉTÉ DE LA TOUR EIFFEL SA

Website

https://societetoureiffel.com

Company type

Public

Founded year

1889

Operating status

Operating

Headcount range

51–100 employees

Short description

Société de la Tour Eiffel SA is a Paris-based French commercial real estate company operating a €1.6Bn portfolio of 523,000 sqm across offices, multi-storey urban logistics (LILK brand), and mixed-use assets in Greater Paris and French regional cities, currently being taken private by majority owner SMABTP Group at €8.20 per share.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Commercial Property Rental Income: Revenue generated from leasing office buildings, multi-storey business hotels, and mixed-use properties to commercial tenants across Greater Paris and regional French cities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Société de la Tour Eiffel is a Greater Paris-integrated listed property company that owns, develops, leases and asset-manages a portfolio of commercial real estate, primarily office buildings, multi-storey urban logistics facilities, business parks and mixed-use properties across Greater Paris and major French regional metropolises. The company operates a roughly €1.6 billion portfolio covering 523,000 sqm of floor area and supports corporate tenants across the full real estate lifecycle, from construction through ongoing tenant services.

Product overview

Société de la Tour Eiffel is a Greater Paris integrated and listed property company specialized in commercial real estate. The company operates a diversified portfolio of office buildings, business parks, and mixed-use assets, with approximately €1.6Bn portfolio value and 523,000 sqm floor area. The company has launched a diversification strategy through the LILK (Light Industrial, Last Kilometer) sub-brand, developing multi-storey urban logistics facilities including Nanturra (first LILK asset, 2024) and Syrah (second LILK asset, 2026). The portfolio also includes commercial partnerships such as EvasYon and Manufacture with VINCI Immobilier, and various office buildings across Greater Paris and regional French cities.

Differentiator

Problem solved

Functional benefit

Brands

• LILK: Light Industrial, Last Kilometre - a trademark registered by Société de la Tour Eiffel, dedicated to the development of multi-storey urban logistics using verticality to combat land artificialization. These are versatile, sustainable assets designed for industrial, high-tech and logistics activities in close proximity to urban centres within the A86 ring road.

Products and services

• Commercial Real Estate Portfolio (Offices) Diversified portfolio of high-performance office buildings, business parks, urban business/logistics premises, managed residential and mixed-use assets located across Greater Paris and major French regional metropolises; leased directly to corporate tenants across the full real estate lifecycle from construction to ongoing tenant services.
• LILK Multi-storey Urban Logistics (Nanturra) First LILK-branded (Light Industrial, Last Kilometer) multi-storey urban logistics asset completed in late 2024, located within the A86 ring road. Designed for industrial, high-tech and logistics activities in proximity to urban centres and using verticality to combat land artificialization.
• Syrah Multi-storey Business Hotel (LILK) Second LILK-branded multi-storey urban logistics asset located at 12 Rue de la Déviation, Bobigny. Total area 7,971 sqm divisible into 10 units from 476 sqm. Certified BREEAM International New Construction V6 Excellent with rooftop photovoltaic panels and an urban agriculture terrace.
• EvasYon Mixed-use Office Building (Lyon) Mixed-use, reversible office development in Lyon fully leased to Sopra Steria, delivered jointly with VINCI Immobilier.
• Manufacture Mixed-use Reversible Building (Lyon) Mixed-use reversible development in Lyon combining office and other uses with reversible design features; developed in partnership with VINCI Immobilier. Completed in December 2025.
• Jade Office Building (Aix-en-Provence) Office building located in Aix-en-Provence, fully leased upon its inauguration in June 2025.
• Millésime Headquarters Building (Issy-les-Moulineaux) Headquarters building delivered in October 2025 in Issy-les-Moulineaux for Les Nouveaux Constructeurs as part of a joint delivery partnership.

Quantifiable outcome

• 10% reduction in land surface artificialization achieved through vertical design of Syrah building
• +1 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• VINCI ImmobiliercoreStrategic or Co-development Partner · 8 December 2025Joint development partnership for mixed-use reversible 'Manufacture' building in Lyon, combining office and other uses with reversible design features. This development demonstrates the company's diversification strategy and collaboration with major real estate developers.
• iXcampuscoreStrategic or Co-development Partner · 13 November 2025Partnership to create the leading European campus for nanotechnology, combining Société de la Tour Eiffel's real estate expertise with iXcampus's deeptech positioning to develop specialized research and innovation facilities.
• Les Nouveaux ConstructeursminorStrategic or Co-development Partner · 13 October 2025Joint delivery of 'Millésime' headquarters building for Les Nouveaux Constructeurs in Issy-les-Moulineaux, representing a developer taking occupation of its own developed space.

Scale indicators5 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Gecina: France's largest pure-play office REIT, focused on Paris and the Paris region's prime office market. Directly comparable business model, geographic footprint, and tenant base to Société de la Tour Eiffel's office-heavy portfolio.
• Icade: Listed French real estate company with offices, healthcare, and mixed-use assets concentrated in the Paris region. Comparable as a diversified French REIT operating in the same regulatory SIIC framework and customer segments as STE.
• Covivio: European REIT with meaningful French office and mixed-use exposure alongside hotels and residential. Competes for the same Paris-region prime office tenants and operates under a comparable asset-management-driven model.
• Klépierre: French-listed REIT focused primarily on continental European retail malls but listed in Paris and operating under the same SIIC regime. Comparable as a Paris-headquartered property company serving large commercial tenants.

Regional players

• Inmobiliaria Colonial: Spanish-listed office REIT with significant Paris office exposure through its Société Foncière Lyonnaise subsidiary. Operates in the same Parisian prime office market and competes for institutional tenants, though domiciled in Spain.
• Merlin Properties: Spanish-listed REIT with diversified office, logistics, retail, and data-center assets. Comparable on logistics-led diversification strategy similar to STE's LILK push, but operates in Iberia rather than France.

Broad incumbents

• Unibail-Rodamco-Westfield: Large European-listed REIT predominantly in retail, but with broader commercial property exposure and institutional scale. Comparable as a major Paris-headquartered/listed commercial real estate player, though retail-focused rather than office-focused.
• Vonovia: Europe's largest residential property company with growing commercial/office exposure. Comparable as a large European real estate operator under similar regulatory and interest-rate dynamics, though primarily residential.

Others

• VINCI Immobilier: Strategic development partner to STE on the Manufacture and EvasYon projects and the largest French property developer. Closely related as JV partner rather than direct competitor, but operates in the same Paris office development market.
• AG Real Estate: Belgian real estate investor/developer with a seat on STE's board (board member representing AG Real Estate). Operates in adjacent European office and logistics markets and is a potential investor or partner in STE's platform going private.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInfr.linkedin.com/company/societe-de-la-tour-eiffel

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Société de la Tour Eiffel SA