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Gecina

Office 18/12/2020

Gecina finalises the sale of five assets for €112m near Paris

Gecina has announced it has completed the sale of five office buildings outside Paris, representing a total of more than 25,000 sqm for nearly (...)

Office 16/12/2020

JLL launches "Serviced Office", a flexible real estate office rental solution

While the Covid-19 crisis is creating uncertainty for companies and investors, JLL offers Serviced Office, a flexible real estate solution to meet today's office (...)

Listed 26/10/2020

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 22/10/2020

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 05/10/2020

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 30/09/2020

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 25/09/2020

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 16/09/2020

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 09/09/2020

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 09/09/2020

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 24/07/2020

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 03/06/2020

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 24/04/2020

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 17/04/2020

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 13/03/2020

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 10/03/2020

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 05/02/2020

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 30/01/2020

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 11/12/2019

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 03/12/2019

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 (...)