Early Life
Alain Taravella was born on May 24, 1948, in Falaise, Calvados, France. He showed an early interest in real estate, which would later define his career. Taravella graduated from HEC Paris in 1971. During his studies, he financed his education by engaging in real estate transactions, specifically the sale of apartments.
Rise to Success
In 1975, Taravella joined the Brémond group as head of the leisure division. When the group became Pierre & Vacances, he became CEO in 1985. In 1994, he founded Altarea, a company focused on shopping center development. Taravella took advantage of the downturn in the real estate market to acquire land. He worked on the Bercy Village development project in 1999. Altarea was listed on the stock exchange in 2004. In 2007, Altarea acquired Cogedim, which expanded Altarea's portfolio. He led the acquisition of Cap 3000 in 2010.
Key Business Strategies
Taravella's strategies included acquiring land during market downturns and focusing on shopping center development, which led to the creation of Altarea. He also expanded Altarea's portfolio by acquiring Cogedim. Taravella created the concept of combining retail and leisure with Bercy Village. He has a 45% ownership of Altarea SCA.
Philanthropy
Alain Taravella is involved in philanthropic initiatives related to education and social causes. However, specific amounts are not readily available.
