Regulatory News: Gecina (Paris:GFC): Acceleration of operational trends during the second half of the year Gross rental income up +4.4% like-for-like to €626m (vs. +3.0% at end-June)
Gecina: Earnings at June 30, 2022 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Operational upturn in 2021: robust trend launched for 2022 Total real estate return1 of around +7% in 2021 2021 recurrent net income of €5.32 per share EPRA Net Tangible Assets (NTA) of €176.3
Gecina: Earnings at June 30, 2021 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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