18 Dec 2024

Gecina - Disposal of the student housing portfolio

Gecina (GFC:EPA), 0 | Gecina SA (GFC:PAR), 0

- Amal Aboulkhouatem
- 4 pages

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Gecina - Disposal of the student housing portfolio

Gecina (GFC:EPA), 0 | Gecina SA (GFC:PAR), 0

Published: 18 Dec 2024
Author: Amal Aboulkhouatem
Pages: 4

• Nuveen Real Estate and Global Student Accommodation (GSA) have signed a firm commitment to acquire Gecina's student housing portfolio.• The firm commitment was signed at an implied valuation of approximately EUR 567m including duties.• The potential transaction is expected to be completed in the first half of 2025.• BUY and EUR 118 TP reiterated.