Over 4,000 sq.m Let by ISS France in the Adamas Building in La Défense

PARIS--(BUSINESS WIRE)--Regulatory News:

Gecina (Paris:GFC) is delighted to welcome the Danish group ISS, a market leader for business services and facilities management, to the Adamas building in Courbevoie (92), under a firm nine-year lease for over 4,000 sq.m. This new client will be using this site for its French headquarters from March 2022.

Located in the Faubourg de l’Arche district in La Défense, the Adamas building, with around 10,500 sq.m, offers a range of standard workspaces, fully furnished and equipped spaces and bespoke services. A YouFirst Manager facilitates access to these various services each day for employees and their visitors.
The building’s renovation was completed in April 2021.

Alongside the existing tenant GazelEnergie, this new lease takes Adamas’ letting rate up to 66%.

This latest lease reflects the appetite among businesses for high-quality buildings in central sectors, and highlights the rental market’s robust development in the La Défense sector.

“We are delighted to welcome ISS France to our Adamas building in La Défense. This lease recognizes our value proposition with YouFirst, our client-centric brand”, confirms Valérie Britay, Deputy CEO in charge of Gecina’s Office Division.

“I am delighted with this partnership between ISS France and Gecina, which reflects the combination of complementary strengths and actions, aligned around a shared vision. The workspaces, with the corresponding services, are a showcase for new ways of working and interacting, contributing towards the performance, wellbeing and motivation of each individual”, concludes Judith Jiguet, CEO of ISS France.

About Gecina

As a specialist for centrality and uses, Gecina operates innovative and sustainable living spaces. The Group owns, manages and develops Europe’s leading office portfolio, with nearly 97% located in the Paris Region, and a portfolio of residential assets and student residences, with over 9,000 apartments. These portfolios are valued at 20.0 billion euros at end-June 2021.

Gecina has firmly established its focus on innovation and its human approach at the heart of its strategy to create value and deliver on its purpose: “Empowering shared human experiences at the heart of our sustainable spaces”. For our 100,000 clients, this ambition is supported by our client-centric brand YouFirst. It is also positioned at the heart of UtilesEnsemble, our program setting out our solidarity-based commitments to the environment, to people and to the quality of life in cities.

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 Euronext 100 indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability benchmarks and rankings (GRESB, Sustainalytics, MSCI, ISS ESG and CDP).

www.gecina.fr