Gecina: Three New Leases Signed in Paris La Défense

Total of 180,000 sq.m let by Gecina in 2021

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

On December 30, 2021, Gecina (Paris:GFC) signed a nine-year lease with Keolis, a world leader for shared mobility, for around 6,000 sq.m of the Sunside building in La Défense. Keolis will be transferring its headquarters to Sunside.
This building, with 62% of its space now let, will be made available during the second quarter of 2022.

Located in La Défense, outside the Boulevard Circulaire ring-road, the 9,500 sq.m Sunside building, delivered during the second half of 2021, has benefited from a full renovation. It offers a comprehensive range of services (company restaurant, concierge desk, YouFirst Café, parcel lockers, etc.) that can be accessed with the YouFirst Bureau mobile app, rolled out since November last year.
The asset is also HQE Excellent and WiredScore certified.

Letting of Adamas completed

In December, Gecina also finished letting all of the Adamas building's 9,700 sq.m of space, with 2,780 sq.m let to Onclusive, a global public relations and communications partner, under a nine-year lease, and around 850 sq.m let to a digital services company, following the leases already signed with GazelEnergie and ISS.

Valérie Britay, Deputy CEO in charge of Gecina’s Office Division: “We are delighted to welcome Keolis and its teams to the Sunside building and new tenants in Adamas. These leases confirm the upturn in letting trends in La Défense for outstanding buildings. Over the year in 2021, Gecina let 180,000 sq.m, 9% more than in 2019 before the health crisis and 11% more than in 2020, confirming the trend seen during the first half of 2021 with rental activity levels picking up in our preferred sectors and for high-quality buildings”.

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).

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