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16 May 2025
Gecina - Agreement to acquire a prime office in Paris
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Gecina - Agreement to acquire a prime office in Paris
Gecina (GFC:EPA), 0 | Gecina SA (GFC:PAR), 0
- Published:
16 May 2025 -
Author:
Amal Aboulkhouatem -
Pages:
4 -
Gecina signed a preliminary agreement to acquire Nexity's former HQ in Paris for EUR 435m. The office complex will be partially refurbished and should positively impact EPS as from 2026.This project will also help compensate for the loss of rents expected in 2027 from Engie's departure in La Défense.Gecina is one of our Real Estate Top Picks. ‘Buy' reiterated.