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Contributors

Solène André

Directrice des programmes immobiilers

Frédéric Auguste

Responsable Asset Management Bureaux

Pierre-Emmanuel Bandioli

Directeur des résidences étudiants - Membre du comité de direction

Laurent Bataille

Directeur technique

Amaury Blaire

Directeur de portefeuille au sein du pôle résidentiel du groupe - Membre du comité de direction

Solène André

Directrice des programmes immobiilers

Frédéric Auguste

Responsable Asset Management Bureaux

Pierre-Emmanuel Bandioli

Directeur des résidences étudiants - Membre du comité de direction

Laurent Bataille

Directeur technique

Amaury Blaire

Directeur de portefeuille au sein du pôle résidentiel du groupe - Membre du comité de direction

Gaëlle Bonvillain

Responsable de projet informatique

Agnès Bouquet

Directrice d'actifs immobiliers

Valérie Britay

Directrice générale adjointe en charge du pôle bureaux

Nicolas Broband

Head of Corporate Projects

Jérôme Brunel

Président du conseil d'administration

Méka Brunel

Directrice générale

Bernard Carayon

Administrateur

Joël Chatelet

Responsable développement - Sous-directeur

Olivier Dangreaux

Directeur des systèmes d’information et du digital

Laurence Danon

Administratrice indépendante

Hélène De Clisson Kuppers

Directrice de portefeuille immobilier

Carmen De Pablo

Directrice juridique M&A et immobilier

Thomas Degos

Directeur exécutif résidentiel

Baudouin Delaporte

Directeur du développement immobilier asset management

Sabine Desnault

Directrice exécutive R&D, innovation et RSE

Aurélie Deudon

Directrice de Secondesk

Glenn Domingues

Responsable des affaires publiques

Dominique Dudan

Administratrice indépendante

Nicolas Dutreuil

Directeur général adjoint en charge des finances

Jérôme Engelbrecht

Directeur financement, business plan et corporate finance

Florence Faucheur

Responsable de gestion Grands Ensembles

Anabel Fernandez De La Rosa

Marketing et communications manager - Residential

Gabrielle Gauthey

Administratrice

Claude Gendron

Administrateur

Antoine Geoffroy

Directeur R&D et innovation

Emma Glon

Real Estate in-house Lawyer

Christine Harné

Directrice exécutive des ressources humaines - Membre du comité exécutif

Samuel Henry-Diesbach

Directeur de la communication financière

Sabine Hillenmeyer

Directrice innovation

Béatrice Judel

Directrice commerciale et marketing du pôle résidentiel

Julien Landfried

Directeur exécutif communication et affaires publiques

Anoko Lawson

Directrice du développement des Ressources Humaines

Antoine Le Treut

Directeur des investissements et arbitrages

Guillaume Le Van

Directeur de portefeuille au sein de la direction résidentiel - Membre du comité de direction

Nicolas Lepigeon

Directeur du contrôle financier, expertise et portfolio management

Sonia Lieutier

Directrice documentation immobilière et veille juridique

Franck Lirzin

Directeur exécutif adjoint

Anne-Claire Maniez

Directrice assurances

Cyril Mescheriakoff

Directeur exécutif des risques et de l’audit Interne

Sylvain Metz

Compliance Officer - Membres du comité de direction

Armelle Miclo

Chargée de communication - Relations presse

Elena Minardi

Directrice en charge de la planification stratégique et des partenariats

Franck Morin

Directeur de portefeuille

Julien Nataf

Directeur juridique M&A et immobilier

Joséphine Neuman Leriche

Directrice de la commercialisation

Jacques-Yves Nicol

Administrateur indépendant

Elena Popova

Investment Analyst

Clara Quinol

Responsable de gestion immobilière

Romane Ravanel

Analyse immobilier de bureaux

Inès Reinmann-Toper

Administratrice indépendante

Solenn Riviere

Chargée d'affaires

Xavier Sanchez

Directeur méthodes, organisations et outils

David Soly

Directeur de la comptabilité Groupe, fiscalité et assurances

Virginie Sterling

Chargée de communication financière

Déborah Sturm

Responsable marketing et communication

Carine Vardi

Responsable politique sociale et engagements

Romain Veber

Executive Director - Investments and Developments

Frédéric Vern

Secrétaire général, en charge de la direction juridique et du secrétariat du conseil

Arnaud Violette

Directeur commercial, Pôle bureau

Listed

Gecina successfully raises €400m on the bond market

Gecina has today successfully raised €400m through the matching of the two bond issues, with an average maturity of 10.1 years and an average (...)

Listed

Gecina raises its objectives for 2020

Observing in its Q3 2020 results an "improvement in the group's visibility in the context of a disrupted year 2020" as well as a (...)

Housing

Gecina and Nexity partner to develop 4,000 new housing units in France

Paris-based REIT/SIIC Gecina and French listed real estate company Nexity have announced they have signed a partnership to develop 4,000 new housing units over four years (...)

Finance

Fifth Wall banks on European PropTech

American venture capital firm Fifth Wall Ventures, launched in 2016, has become the largest investor dedicated to PropTech in the United States, with more (...)

Office

Welcome at Work! finances its growth with a first round of financing

While some players in the real estate industry are feeling the full impact of the health and economic crisis, for others it's quite the (...)

Territories

France wins four Mipim Awards once again

Having been forced to be patient by the Covid-19 epidemic, the winners of the Mipim Awards 2020 were finally chosen during Paris Real Estate (...)

Office

Allianz buys Boulogne-Billancourt’s City 1 and City 3 towers for €500m

According to BI sources, Paris-based insurance group BNP Paribas Cardif has sold the City 1 and City 3 towers, part of the CityLights complex in (...)

Career

Méka Brunel becomes the first woman president of EPRA

The European Public Real Estate Association (EPRA) has announced that Méka Brunel, Managing Director of Gecina, is taking over the presidency of the professional body (...)

Listed

Gecina anticipates 2020 results close to its initial guidance

While some listed real estate companies were heavily impacted by the Covid-19 epidemic, Paris-based REIT/SIIC Gecina was able to limit the damage in H1 (...)

Office

Goldman Sachs to make 83 Marceau its future Paris headquarters

Despite the context of the health crisis, rental negotiations are continuing for prime office assets in the Paris CBD. According to BI sources, the real (...)

Listed

Gecina gross rental income up 2.4% for 1Q20

Paris-based REIT/SIIC Gecina reported gross rental income €168.1m for 1Q20, up 2.4% on a current basis and 3.7% like-for-like. This performance primarily reflects the impact (...)

Office

French REIT/SIIC Gecina sells 3,900 sqm office building in Boulogne-Billancourt for €36.6m

French REIT/SIIC Gecina has finalised the sale of 54/56 avenue du Général-Leclerc, in Paris’ suburb Boulogne-Billancourt, for €36.6m. The fully occupied 3,900 sqm multi-tenant office (...)

Office

Primonial REIM pays €216m for Le Valmy building near Paris

Paris-based Primonial REIM has acquired from French REIT/SIIC Gecina the Le Valmy office building on behalf of its SCPI  fund Primopierre. The 29,000 sqm 7-floors office asset, (...)

Finance

With capital overflowing, where can CRE investors find returns?

Annual global private real estate fundraising exceeded $150bn for the first time in 2019, according to a recent study by London-based research firm Preqin, (...)

Career

Thibault Ancely to head Tristan Capital Partners in France

Originally, Thibault Ancely, 42, was to join WeWork's French teams last fall. But, according to BI sources, the former executive director of investments and (...)

Office

Mipim Awards 2020: France leads the way with eight nominations

The finalists for the Mipim Awards 2020 have been unveiled and France comes first with eight projects presented in Cannes, compared to five from (...)

Housing

French Gecina to spin off €3bn residential to allow unit to open capital

Giant French REIT/SIIC Gecina is to spin off of its 6,000-unit residential portfolio worth €3bn to allow, at the appropriate moment, this subsidiary to (...)

Office

Gecina to sell Montrouge Park Azur complex to La Française for €185m

Gecina, one of France's largest REIT/SIICs, has signed a €185m agreement to sell the Park Azur building in the southern Paris suburb of Montrouge (...)

Office

French Gecina, in asset rejig, adds Paris office for €306m, sells for €238m

In a further portfolio rejig, French REIT Gecina is buying the 34,000 sqm Carreau de Neuilly building in Paris for €306m and selling two (...)

Hospitality

French Gecina finalises €181m hotel sale with Angelo Gordon, EQ Group

Paris-based REIT/SIIC Gecina has finalised the sale of a French hotel portfolio to Angelo Gordon and the EQ Group, based on a valuation of (...)

Hospitality

France's Gecina, BNP Paribas RE drop bid to build Paris 2024 Olympic village

French REIT/SIIC Gecina and BNP Paribas Real Estate are dropping their joint bid to construct the future athletes' village for the Paris 2024 Olympics. The (...)

Listed

French Gecina raises 'green' loans to €910m, 20% of total bank debt

French REIT/SIIC Gecina has finalised three new 'green' loan agreements with BNP Paribas, Natixis and Société Générale for €660m, taking such financing to €910m (...)

Finance

Meka Brunel: Guiding France's Gecina in a world of real estate undergoing huge transformation

Of course, the half-yearly results of French Gecina are good, very good, says CEO Meka Brunel; this, in a world of real estate going through a singular (...)

Listed

Former Norwegian sovereign fund executive Veber joins French REIT Gecina

Giant French REIT Gecina has appointed former Norwegian sovereign fund manager Romain Veber to a leading post in investment and development. Starting on 1 November, Veber will become a (...)

Listed

France's Gecina reports 1H return at 11.4%, EPRA NAV up at €169.8 shr

French REIT/SIIC Gecina reported an 11.4%yy total return in the first half, with appraisal values lifting 3.9% like-for-like, taking EPRA net asset value up 8% to €169.8 per (...)

Finance

Fifth Wall opens up to Europe with $503m PropTech focused Fund II

Fifth Wall, a PropTech focused American venture capital firm, announced today the close of its second real estate technology fund, a $503m vehicle with (...)

Listed

Sweden's Castellum joins pan-European REIT innovation, CSR think tank

Swedish listed Castellum has joined the sustainability and innovation think tank created in 2017 by alstria, COIMA RES, Colonial, Gecina, Great Portland Estates and (...)

Listed

French Gecina sells hotel portfolio to Angelo Gordon for €181m

Giant French REIT/SIIC Gecina is selling its entire hotel portfolio comprising five assets to US-based manager Angelo Gordon at a valuation of €181m. The portfolio, acquired as (...)

Finance

Paris REIT Gecina places 15yr €500m bond issue at 1.625% to buy back notes

Paris office and housing REIT Gecina has placed a €500m bond issue with a 15-year maturity at 1.625% and launched a tender offer on (...)

Listed

French Gecina starts electronic signatures with YouSign

Giant French REIT/SIIC Gecina is introducing electronic lease signatures in partnership with start-up YouSign, extending it to all owned housing and student residences. Thanks to the electronic signing (...)

Housing

France selects Athletes' Village developers for 2024 Paris Olympics

France has selected the companies which will be assigned to develop the Athletes' Village for the 2024 Paris Olympics and Paralympics. The infrastructure is planned (...)

Finance

Hamburg student housing developer, Moscow project among 2019 MIPIM award winners

A Hamburg student housing firm working with wood, a Moscow concert park project, France's Altarea Cogedim, and Frankfurt's old town redevelopment were among MIPIM (...)

Office

Offices still preferred working space despite tech - European REITs

Technology may allow workers to operate anywhere, but more than ever physical offices are the working environments of choice, says a new report by (...)

Listed

Spain’s Metrovacesa to pay dividend ahead of plan after strong 2018 revenues

Spanish listed housing developer Metrovacesa is to distribute a dividend for 2018 ahead of plan after revenues surged to €201m and despite a net (...)

Listed

French Gecina grows 2018 net 20% to €437m, 9% per shr; outlook still strong

French REIT Gecina grew recurrent net income by 20% to €437.2m in 2018 and by 9% per share, and is proposing a dividend rise (...)

Office

France's Simi 2018 trade fair marks dawn of a new era

A few hours after the clapper board sounded the end of the 2018 edition of Simi, the French real estate community's annual trade fair, (...)

Office

US WeWork to open fifth Paris co-working space in Gecina building

US co-working giant WeWork will on 12 December officially open its fifth Paris location at 198 avenue de France in the 13th quarter, especially utilising the larger floor (...)

Listed

French Gecina wins €55m damages for unlawful actions of fmr CEO Rivero

Paris office and residential REIT/SIIC Gecina is to receive more than €55m for damages caused by the unlawful actions of Joaquín Rivero, its Spanish (...)

Housing

Spain's Metrovacesa launches €400m housing project in Palma de Mallorca

Spanish listed residential developer Metrovacesa is to invest €400m in a new housing neighbourhood in Palma, capital of the vacation island of Mallorca, which will offer (...)

Office

Gecina strengthens Paris focus, closing €525m regional office disposal

French REIT/SIIC Gecina has strengthened its focus on the Paris region with the closing of the €525m sale of regional office buildings, part of a number (...)

Office

French Gecina closes €266m sale of Lyon offices to Primonial REIM

Paris office and residential REIT/SIIC Gecina has finalised a €266m sale of nine office buildings in Lyon to investment manager Primonial REIM. The sale, which follows a preliminary agreement (...)

Office

Spain’s Colonial looks forward to organic growth after busy 2018

Spanish office REIT/SOCIMI Colonial, after a takeover and a readjustment of capital this year, is looking ahead to delivering organic growth with a rise (...)

Office

Co-working here to stay but unlikely to dominate office lettings - EPRA

Co-working space offered by firms such as WeWork should be included in office investor strategies and while it is unlikely to dominate letting demand it serves (...)

Housing

French REIT/SIIC Gecina forms strategy for resi assets, now worth €3.2bn

Giant French REIT/SIIC Gecina has devised a value strategy for its residential assets, which, at €3.2bn out of a €20bn portfolio, have become a (...)

Listed

French Gecina 1H net up 51%yy at €230m, expects 8% shr rise for full year

Paris office REIT/SIIC Gecina now expects recurrent net income growth of over 8% per share for 2018 after it boosted the total by 51%yy (...)

Office

Paris Gecina signs €775m office sales to help cut LTV below 40%

Paris office REIT/SIIC Gecina has signed €775m in sales pledges for buildings outside Paris acquired in the takeover of Eurosic which, once closed by year end, (...)

Housing

Housing: A third pillar is possible - residential property companies

As the first reading of the ELAN housing bill comes to an end in the French National Assembly, it is clear that France needs a (...)

Health / Senior

MIPIM BLOG Day 3: The Awards – for the ‘creative art’ of real estate in Europe

Live from MIPIM (Cannes) - Day Three-Thursday: Despite the driving rain in Cannes, even more evidence that the scope of European opportunities is widening, yes, and (...)

Finance

Norway's Pension Fund ends 2017 with 3.4% of €881bn AUM property exposure

Norway's Government Pension Fund Global held 2.6% of its €881bn assets in unlisted real estate at end-2017 which produced a return of 7.5% - (...)

Listed

Canada’s Ivanhoé Cambridge cuts stake in French Gecina to 15.4%

Ivanhoé Cambridge, the real estate investment arm of Quebec-based pension fund manager CDPQ, has trimmed its holding in French office REIT/SIIC Gecina by 4.28% via a (...)

Finance

French Gecina raises 2017 net by 4.6%, NAV by 19%; says Michel is stepping down

French office REIT/SIIC Gecina raised net income by 4.6% in 2017, adding nearly 19% to net asset value to take it to €152.9 per (...)

Finance

Shares in Spanish housing firm Metrovacesa slip below last week's IPO price

Shares in Madrid-based residential developer Metrovacesa, one of the biggest casualties of Spain's recent recession, fell in trading Monday to €15.27, below its IPO price (...)

Office

European 2017 CRE investment rises 4% to €293bn; 2018 looks good - RCA

Europe’s commercial real estate in 2017 experienced the third most active year on record for investment, rising 4 % from 2016 to €293.4bn, according (...)

Office

Eyeing European REITs, US Seeking Alpha adviser picks Gecina, Paris office as winners

Never before have I seen a private US stock-picking adviser venture into listed European real estate, but US retail investors are looking around the (...)

Listed

Six European office REITs form sustainability and innovation thinktank

Even if real estate is local, clients' technical and environmental needs are the same across Europe, says Meka Brunel, CEO of French SIIC Gecina and one of (...)

Retail

Foncière des Regions signs €290m of non-strategic French retail disposals

France's third largest REIT/SIIC by assets, Foncière des Régions, has signed agreements to sell of nearly €290m of non-core properties, French retail, aiming to strengthen (...)

Hospitality

Barcelo's Spanish hotel merger bid for NH synches with Chinese HNA troubles

The sharp rise in tourism to Spain that has brought at least two REITs and numerous funds surging into its hotel sector has sparked (...)

Finance

Ruggieris’ Spanish tourism REIT Elaia listed with €119m market cap

Elaia, the Spanish REIT/SOCIMI launched by the France-based Ruggieri family to target the Spanish resort sector, listed Thursday on Elaia Investment Spain (MAB) with (...)

Finance

Eighteen IPOs in European public RE in first 9mths raise €4.3bn

Eighteen IPOs took place in the European public real estate markets in the first nine months of 2017, raising €4.3bn, according to EPRA. Those planned (...)

Hospitality

Gold in Spanish resort hotels (2): Blackstone, Ruggieri move in

In the rush to tap into the booming Spanish tourism hotel business, US wealth manager Blackstone and France’s Ruggieri family are hot on the (...)

Finance

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)