Bassac SA (BASS)

Profile

https://www.bassac.fr

Bassac SA is a prominent French real estate development company founded in 1972 and headquartered in Boulogne-Billancourt, near Paris. It specializes in the promotion and construction of new medium-priced residential properties, including condominiums and individual houses, primarily targeting large population centers across Europe. The company operates under key brands such as Les Nouveaux Constructeurs, Premier, and Concept Bau, focusing 94.4% of its activities on real estate assets like new homes and commercial properties including offices and tertiary facilities. Additionally, Bassac SA manufactures and sells prefabricated garages through its Zapf division, accounting for 5.6% of operations. With a workforce of approximately 1,092 to 1,177 employees, it maintains a significant presence in France, Germany, Spain, Poland, and other markets. Sales are diversified, with strong contributions from French operations like Les Nouveaux Constructeurs at over 1 billion euros in recent years, alongside international segments in Germany and Spain. Led by CEO and Chairman Moïse Mitterrand, who holds a majority 80.63% stake, Bassac SA plays a vital role in the European real estate sector by delivering accessible housing and commercial spaces.