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Paref SA is a real estate investment trust that is engaged in owning and managing business real estate. Its activities are divided into the following sectors: Commercial and Residential Investment and Management for Third Parties. The Commercial and Residential Investment sector is engaged in investing in and managing business property, such as office buildings in and outside of the Paris region, and, in addition, residential property. The Management for Third Parties sector deals with property leasing management on behalf of third parties. The company was founded by Hubert Lévy-Lambert on June 30, 1997 and is headquartered in Paris, France.