Gecina: Conditions for accessing the 2020 Universal Registration Document
Gecina (Paris:GFC):
The Universal Registration Document for 2020 was filed with the French securities regulator (Autorité des marchés financiers, AMF) on March 16, 2021.
It may be consulted on or downloaded from the following internet sites:
Gecina (www.gecina.fr), in the section Investors Publications and press releases Financial reports and universal registration document;
- AMF (www.amf-france.org).
by mail: Gecina 16, rue des Capucines, 75002 Paris, France;
- by email: actionnaire@gecina.fr;
The following documents are included in the Universal Registration Document:
the annual fiSnancial report for 2020;
- the 2020 integrated report
- the statutory auditors reports;
Regulatory News: Gecina (Paris:GFC) is delighted to welcome a real estate expert to its building at 96-104 avenue Charles de Gaulle in Neuilly-sur-Seine, signing a firm six-year lease for over 4,000
Gecina - Earnings at December 31, 2020
Like-for-like rental income growth:
Recurrent net income per share: €5.72
EPRA Net Tangible Assets (NTA) of €170.1 per share (-1.7% year-on-year)
Ongoing
LTV of 33.6%(including duties), -40bp year-on-year
Mobilization to support customers and societal commitments
Regulatory News:
Gecina s markets and operational resilience
- Close to 99% of rent collected in 2020, normalized collection for the first quarter of 2021
- Rents signed up in 2020: +2% higher than pre-crisis market rents (market rental values)
- Reversion potential still positive (+6%), particularly at the heart of Paris (+20%)
- Lettings down, but significant upturn in commercial expressions of interest since September 2020
- Lease signed in the last few days for 11,600 sq.m of Carré Michelet in La Défense
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Regulatory News:
Gecina (Paris:GFC) has signed a lease with a leading advisory group for 11,600 sq.m of the Carré Michelet building in La Défense for its French headquarters.
This new nine-year lease will come into effect on October 1, 2022. This transaction takes Carré Michelet s letting rate up to 83%.
Delivered at the end of 2019 following an ambitious redevelopment operation, Carré Michelet, a non-high rise building, offers a total of 37,100 sq.m, with 1,400 sq.m of accessible outdoor spaces, including terraces, an interior garden area and balconies. It combines workspaces with a business center, a concierge office, various dining areas and a gym.
Regulatory News: Gecina (Paris:GFC) has sold a mixed portfolio of 16 assets with non-strategic profiles, due to their location or size, to two funds managed by Keys REIM, the Keys Asset Management