🏢 Société de la Tour Eiffel is a real estate company listed in Paris.
🗼 It was originally created to manage the Eiffel Tower but lost the concession in 1979.
💼 The company now focuses on real estate assets in France, maintaining its historic name despite no longer managing the tower.
@Academiadeinversion:
“There is a company listed in Paris called Société de la Tour Eiffel. However, it is a company dedicated to Real Estate and has Real Estate assets in France, but it does not have the Eiffel Tower, which can be quite confusing. The company was literally created to manage the Eiffel Tower, but after 90 years, the original concession expired. The company lost the concession of the Eiffel Tower in 1979, which passed to the city council, and then they diversified and have Real Estate, but they kept the name.”
Watch the exact part of the video where Paco talks about Société de la Tour Eiffel here:
View the video on YouTube.
Read more articles featuring the most recent analysis of Société de la Tour Eiffel at this link: BLOG.
