The Parisian office market shows remarkably robust figures in terms of vacancy and rents in Q1 19. Nevertheless, we cannot consider it as completely immune to macro issues. We therefore adopt a more cautious stance by adjusting both the target price and recommendation.
18 Apr 2019
Preceding the risks: from Buy to Add first
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Preceding the risks: from Buy to Add first
Gecina SA (GFC:WBO) | 0 0 2.8% | Mkt Cap: 11,480m
- Published:
18 Apr 2019 -
Author:
Christian Auzanneau -
Pages:
3
The Parisian office market shows remarkably robust figures in terms of vacancy and rents in Q1 19. Nevertheless, we cannot consider it as completely immune to macro issues. We therefore adopt a more cautious stance by adjusting both the target price and recommendation.