Gecina/€GFC

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About Gecina

Gecina is a real estate company primarily focused on the ownership and management of office and residential properties. The company operates within the real estate industry and provides rental services, with a significant concentration of its assets in the Paris metropolitan area. Founded in 1959, Gecina has established a large portfolio of properties, emphasizing sustainable and environmentally responsible practices in its developments. Headquartered in Paris, France, Gecina maintains a strategic position in the high-demand real estate market of one of Europe's major cities. Its competitive strengths include a robust property portfolio, close ties to local market dynamics, and initiatives in sustainability that align with evolving regulatory and consumer preferences.

Ticker

€GFC

Primary listing

PAR

Employees

463
Headquarters

Gecina Metrics

BasicAdvanced
€6.2B
12.32
€6.86
1.14
€5.45
6.45%

Bulls say / Bears say

Gecina’s Q1 2025 overall rental income rose 3.6% year-on-year on a current basis and 3.3% like-for-like, driven by sustained indexation (+4.2%) and modest rental uplift in central locations such as Paris CBD (Gecina Q1 press release).
In H1 2025, Gecina let or renewed a record 94,600 sq m of office and residential space—already exceeding its full-year 2024 leasing volume—while achieving a 9% rental uplift and improving group occupancy by 60 bps (Gecina H1 2025 press release).
The company successfully placed a €500 million 10-year green bond maturing in August 2035, which was oversubscribed seven times at a tight 85 bp spread and 3.375% coupon, underlining market confidence in Gecina’s credit quality and sustainability strategy (Gecina green bond press release).
Residential rental income declined 2.4% on a current basis in Q1 2025—offsetting only modest 1.1% like-for-like growth—reflecting the impact of mature residential disposals and pipeline repositioning (Gecina Q1 press release).
On a like-for-like basis, valuations of non-central assets fell 5.7% in 2024, with La Défense down 6.9% and other peri-Paris locations down 7.0%, indicating ongoing valuation headwinds outside core Paris locations (Gecina 2024 earnings).
Gecina has swapped the interest rate component of its new green bond to floating rates, potentially exposing its debt servicing costs to upward pressure amid future interest rate volatility (Gecina green bond press release).
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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