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Home > Company Index > Real Estate > Property Investment & Management > Simco SA

Simco SA
 NEWS FROM THE WIRES
Unitil cuts electric rates to lowest in N. England
Aug 02 2001 11:53 AM PDT

ADR Report - ADRs climb to one-month highs
Aug 02 2001 11:51 AM PDT

More WIRE STORIES about this company

 PROFILE
An apartment seeker in Paris is bound to run into Simco sooner or later. A giant in the Paris market (where more than 95% of its holdings are located), the French property group owns and manages about 11,200 flats; its residential holdings account for about 70% of its property portfolio. Its commercial real estate holdings, which include office and retail space and parking lots, account for 30% of its property portfolio. Founded in 1956, the company bought affiliate Compagnie des Immeubles de la Plaine Monceau (CIPM) in a 1997 deal designed to restructure the property business of French insurance group AXA, which owns 45% of Simco.

 COMPETITION
Bail Investissement (BV)
Slough Estates plc (SLOU)
Unibail (UL)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 145.80
1-Yr. Sales Growth: (11.3)%
Employees: 335
Revenue per employee: $435,223.88

 KEY PEOPLE
• Michel Pariat
    CEO
• Michel Varaldo
    CFO

 CONTACT INFO
34, rue de la Fédération
75015 Paris, France
Phone: 33-1-40-61-66-20
Fax: 33-1-40-61-65-06
Online: Web Site

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