Following Gecina’s H1 21 earlier this week, no major surprises have occurred. The portfolio’s performance was stable overall, as was end-market rents in Spain. Downward recurring profit in FY 21 was confirmed. This should precede a catch-up attributable to the nice deliveries planned in Paris in 2022-24, if vacancy stays low in the current standing portfolio by this horizon.
30 Jul 2021
Soothing H1 21
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Soothing H1 21
- Published:
30 Jul 2021 -
Author:
Christian Auzanneau -
Pages:
4
Following Gecina’s H1 21 earlier this week, no major surprises have occurred. The portfolio’s performance was stable overall, as was end-market rents in Spain. Downward recurring profit in FY 21 was confirmed. This should precede a catch-up attributable to the nice deliveries planned in Paris in 2022-24, if vacancy stays low in the current standing portfolio by this horizon.