Gecina published its H1 17 figures. Gross rental income accounted for €240.6m, down by 7.27% on a yearly basis (+1.6% lfl). EBITDA stood at €183.6m, a decline of 8.8% yoy. The financial occupancy rate for the period came to 95.5%, stable yoy. LTV stood at 29.3%, down by 100bp compared to FY16. The property portfolio at €13bn increased by 9.6% over six months (c. 76% in offices, 22% in traditional residential and 2% in student residences). Net financial debt amounted to €3,
25 Jul 2017
2017 already an historic year for Gecina
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2017 already an historic year for Gecina
Gecina SA (GFC:WBO) | 0 0 2.8% | Mkt Cap: 11,480m
- Published:
25 Jul 2017 -
Author:
Alda Kule Dale -
Pages:
3
Gecina published its H1 17 figures. Gross rental income accounted for €240.6m, down by 7.27% on a yearly basis (+1.6% lfl). EBITDA stood at €183.6m, a decline of 8.8% yoy. The financial occupancy rate for the period came to 95.5%, stable yoy. LTV stood at 29.3%, down by 100bp compared to FY16. The property portfolio at €13bn increased by 9.6% over six months (c. 76% in offices, 22% in traditional residential and 2% in student residences). Net financial debt amounted to €3,