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