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Business Wire
01-08-2025
- Business
- Business Wire
Gecina: Bond Tender Offer Finalized
PARIS--(BUSINESS WIRE)--Regulatory News: Gecina (Paris:GFC) has finalized the bond tender offer launched on July 24, 2025, and covering two of its outstanding series of notes, redeeming a nominal total of 527.6 million euros with the following breakdown: 247.4 million euros on a bond issue due June 30, 2027, with a coupon of 1.375% and 700 million euros outstanding before this tender offer (452.6 million euros following this tender offer); and 280.2 million euros on a bond issue due January 26, 2028, with a coupon of 1.375% and 800 million euros outstanding before this tender offer (519.8 million euros following this tender offer). This operation, combined with the bond placement on July 24 (500 million euros with a 10-year maturity), has enabled the Group to optimize its debt maturity profile (extending the average maturity to 7.0 years now, an increase of +0.6 years) and enhance long-term financial visibility, while further strengthening its funding strategy. About Gecina Gecina is a leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025. Strategically located in the most central areas of Paris and the Paris Region, Gecina's portfolio includes 1.2 million sq.m of office space and nearly 5,300 residential units. By combining long-term value creation with operational excellence, Gecina offers high-quality, sustainable living and working environments tailored to the evolving needs of urban users. As a committed operator, Gecina enhances its assets with high-value services and dynamic property and asset management, fostering vibrant communities. Through its YouFirst brand, Gecina places user experience at the heart of its strategy. In line with its social responsibility commitments, the Fondation Gecina supports initiatives across four core pillars: disability inclusion, environmental protection, cultural heritage, and housing access. Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20 and CAC Large 60 indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability rankings (GRESB, Sustainalytics, MSCI, ISS-ESG, and CDP) and is committed to radically reducing its carbon emissions by 2030.
Business Wire
24-07-2025
- Business
- Business Wire
Gecina: Successful €500 million 10-year Green Bond Placement
PARIS--(BUSINESS WIRE)--Regulatory News: Gecina (Paris:GFC) has successfully completed today the placement of a €500 million green bond with a 10-year maturity, maturing in August 2035. More than three years after its last bond issuance, Gecina marks a strong return to the primary market with a transaction oversubscribed up to 7 times, reflecting the market's confidence in the Group's credit quality, the strength of its fundamentals, and the consistency of its strategy. The bond was priced with a spread of 85 basis points and carries an annual coupon of 3.375%, close to the French OAT. Given the strength of the Group's hedging profile, the interest rate component of this new issuance has been fully swapped to floating. In parallel, and as part of its proactive liability management strategy aimed at extending its debt maturity profile, Gecina has launched a tender offer on two outstanding bonds with an average residual maturity of approximately 2 years (with an average initial spread of 63 basis points): - €700 million maturing on June 30, 2027, with a 1.375% coupon; - €800 million maturing on January 26, 2028, also with a 1.375% coupon. The tender offer is scheduled to close on July 31, 2025. The Group will reinvest the tender discount into hedging instruments to maintain its current interest rate risk profile and manage the impact on its cost of debt over the 2025–2028 period. This transaction aims to optimize Gecina's debt maturity profile and enhance long-term financial visibility, while continuing to actively manage its liabilities. Gecina benefits from strong credit ratings of A- / Stable outlook by Standard & Poor's and A3 / Stable outlook by Moody's. About Gecina Gecina is a leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025. Strategically located in the most central areas of Paris and the Paris Region, Gecina's portfolio includes 1.2 million sq.m of office space and nearly 5,300 residential units. By combining long-term value creation with operational excellence, Gecina offers high-quality, sustainable living and working environments tailored to the evolving needs of urban users. As a committed operator, Gecina enhances its assets with high-value services and dynamic property and asset management, fostering vibrant communities. Through its YouFirst brand, Gecina places user experience at the heart of its strategy. In line with its social responsibility commitments, the Fondation Gecina supports initiatives across four core pillars: disability inclusion, environmental protection, cultural heritage, and housing access. Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20 and CAC Large 60 indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability rankings (GRESB, Sustainalytics, MSCI, ISS-ESG, and CDP) and is committed to radically reducing its carbon emissions by 2030.
Business Wire
23-07-2025
- Business
- Business Wire
Gecina: 2025 Half-Year Report
PARIS--(BUSINESS WIRE)--Regulatory News: Gecina's (Paris:GFC) 2025 Half-Year Report can be consulted or downloaded from the Group's website ( in the section Investors / Publications and press releases / Financial reports and universal registration documents. It is also available free of charge upon request: - by mail: Gecina - 16, rue des Capucines 75002 Paris - by email: actionnaire@ - by phone: 0 800 800 976 (toll-free number only available in France) Financial agenda - 10.14.2025: Business at September 30, 2025, after market close About Gecina Gecina is a leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025. Strategically located in the most central areas of Paris and the Paris Region, Gecina's portfolio includes 1.2 million sq.m of office space and nearly 5,300 residential units. By combining long-term value creation with operational excellence, Gecina offers high-quality, sustainable living and working environments tailored to the evolving needs of urban users. As a committed operator, Gecina enhances its assets with high-value services and dynamic property and asset management, fostering vibrant communities. Through its YouFirst brand, Gecina places user experience at the heart of its strategy. In line with its social responsibility commitments, the Fondation Gecina supports initiatives across four core pillars: disability inclusion, environmental protection, cultural heritage, and housing access. Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20 and CAC Large 60 indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability rankings (GRESB, Sustainalytics, MSCI, ISS-ESG, and CDP) and is committed to radically reducing its carbon emissions by 2030.
Business Wire
26-06-2025
- Business
- Business Wire
Gecina: Completion of the Disposal of the Student Housing Assets
PARIS--(BUSINESS WIRE)--Regulatory News: Gecina (Paris:GFC) has successfully completed, as scheduled on June 25 th 2025, the disposal of its student housing assets to the joint venture between Nuveen Real Estate (on behalf of TIAA) and GSA, based on a disposal price of €538 million (excl. duties). The portfolio comprises 20 operational assets and 2 development projects, generating net rent after operating platform costs of €20.8 million in 2024. The transaction, together with other disposals achieved in Q1 2025, will strengthen the Group's financial structure, maintaining a best-in-class LTV ratio. Concurrently, the Group will strengthen its unique footprint in the highest-performing areas of the Paris region, through investments in a pipeline of three flagship, high-yield office developments in Paris and Neuilly (representing c. €500 million still to invest), along with the strategic acquisition of an office complex adjacent to the vibrant Saint-Lazare hub, scheduled for summer 2025, for €435 million (including duties). Beñat Ortega, Chief Executive Officer: ' Alongside the acquisition of a major office complex in one of our core locations (Paris Saint-Lazare), this transaction clearly illustrates the Group's strategy and agility in continuously optimizing capital allocation through the disposal of mature assets and disciplined reinvestment in higher-yielding prime office opportunities.' Financial agenda - 07.23.2025: 2025 first-half earnings, after market close - 10.14.2025: Business at September 30, 2025, after market close About Gecina Gecina is a leading operator, that fully integrates all the expertise of real estate, owning, managing, and developing a unique prime portfolio valued at €17.4bn as at December 31, 2024. Strategically located in the most central areas of Paris and the Paris Region, Gecina's portfolio includes 1.2 million sq.m of office space and over 9,000 residential units. By combining long-term value creation with operational excellence, Gecina offers high-quality, sustainable living and working environments tailored to the evolving needs of urban users. As a committed operator, Gecina enhances its assets with high-value services and dynamic property and asset management, fostering vibrant communities. Through its YouFirst brand, Gecina places user experience at the heart of its strategy. In line with its social responsibility commitments, the Fondation Gecina supports initiatives across four core pillars: disability inclusion, environmental protection, cultural heritage, and housing access. Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20, CAC Large 60, and CAC 40 ESG indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability rankings (GRESB, Sustainalytics, MSCI, ISS-ESG, and CDP) and is committed to radically reducing its carbon emissions by 2030.
Yahoo
21-02-2025
- Business
- Yahoo
Gecina: Conditions for Accessing the 2024 Universal Registration Document
PARIS, February 21, 2025--(BUSINESS WIRE)--Regulatory News: Gecina (Paris:GFC): The Universal Registration Document for 2024 was filed with the French securities regulator (Autorité des marchés financiers, AMF) on February 21, 2025. It may be consulted on or downloaded from the following internet sites: - Gecina ( in the section Investors / Publications and press releases / Financial reports and universal registration documents;- AMF ( It is also available free of charge to the public on request: - by mail: Gecina - 16, rue des Capucines, 75002 Paris, France;- by email: actionnaire@ by telephone: 01 40 40 50 79. The following documents are included in the Universal Registration Document: - the annual financial report for 2024;- the 2024 integrated report- the Board of Directors' report on corporate governance;- the statutory auditors' reports;- information on the statutory auditors' fees. Financial agenda - 04.17.2025: General Meeting- 04.17.2025: Business at March 31, 2025, after market close- 07.23.2025: 2025 first-half earnings, after market close- 10.16.2025: Business at September 30,2025, after market close About Gecina Gecina is a leading operator, that fully integrates all the expertise of real estate, owning, managing, and developing a unique prime portfolio valued at €17.4bn as at December 31, 2024. Strategically located in the most central areas of Paris and the Paris Region, Gecina's portfolio includes 1.2 million sq.m of office space and over 9,000 residential units. By combining long-term value creation with operational excellence, Gecina offers high-quality, sustainable living and working environments tailored to the evolving needs of urban users. As a committed operator, Gecina enhances its assets with high-value services and dynamic property and asset management, fostering vibrant communities. Through its YouFirst brand, Gecina places user experience at the heart of its strategy. In line with its social responsibility commitments, the Fondation Gecina supports initiatives across four core pillars: disability inclusion, environmental protection, cultural heritage, and housing access. Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20, CAC Large 60, and CAC 40 ESG indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability rankings (GRESB, Sustainalytics, MSCI, ISS-ESG, and CDP) and is committed to radically reducing its carbon emissions by 2030. View source version on Contacts Gecina Financial communications Nicolas BROBANDTel.: +33 (0)1 40 40 18 46nicolasbroband@ Virginie STERLINGTel.: + 33 (0)1 40 40 62 48virginiesterling@ Press relationsGlenn DOMINGUESTel.: + 33 (0)1 40 40 63 86glenndomingues@ Armelle MICLOTel.: + 33 (0)1 40 40 51 98armellemiclo@ Sign in to access your portfolio
