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Méka Brunel

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 (...)

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 (...)

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 (...)

Territories 03/09/2020

New French mayors, Nicolas Sarkozy, Covid-19... Mipim is turning into a political and economic meeting place

In the absence of a Cannes edition this year —that was postponed and then cancelled due to the coronavirus epidemic— Mipim will relocate to (...)

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 (...)

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, (...)

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 (...)

Hospitality 07/11/2019

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 (...)

Listed 13/09/2019

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 11/09/2019

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 28/08/2019

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 (...)

Finance 17/07/2019

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 28/06/2019

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 25/06/2019

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 23/05/2019

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 (...)

Finance 15/03/2019

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 13/03/2019

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 (...)