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PARIS, January 14, 2025--(BUSINESS WIRE)--Regulatory News:
Gecina (Paris:GFC):
| Icône office spaces fully pre-let before delivery in H1 2025
- Signature of a firm 9-year lease with Qube Research & Technologies, a global investment manager, at the best rent levels for Paris CBD
- Lease covering 10,835 sq.m of premium office space, now fully pre-let to a single tenant occupying the entire building
- This deal demonstrates the agility and professionalism of Gecina’s teams and the strong attractiveness of prime assets located in central and hyper-central areas, just steps away from the Champ Élysées, in a context of scarce supply of such properties and an ever-growing bifurcation of the Paris office market
| Creating value by proactively repositioning a hyper-central asset
- An asset acquired in 2013, fully repositioned, and transformed into a new architectural icon of Paris Golden Triangle, reconnecting with its daring Art Deco lines and meeting the latest trends in tenant’s expectations in terms of tailored services and environmental performance (with 6 of the most demanding labels at the highest levels awarded to Icône for its design, development and construction phase)
- Redesigned by Philippe Chiambaretta, the building features rare, modular, luminous spaces around the 14-meter-high atrium and a wide array of services, including rooftops with spectacular city views
| Beñat Ortega, Chief Executive Officer: "This new deal on Icône demonstrates Gecina’s expertise and ability to create value (both in terms of revenue and capital), meeting the highest tenant needs in ever-attractive central areas, together with strong environmental performance."
Financial agenda
2024 Earnings press release: February 13, 2025, after market close
About Gecina
As a specialist for centrality and uses, Gecina operates innovative and sustainable living spaces. A real estate investment company, Gecina owns, manages and develops a unique portfolio at the heart of the Paris Region’s central areas, with more than 1.2 million sq.m of offices and more than 9,000 housing units, almost three-quarters of which are located in Paris City or Neuilly-sur-Seine. These portfolios are valued at 17.1 billion euros at end-June 2024.
Gecina has firmly established its focus on innovation and its human approach at the heart of its strategy to create value and deliver on its purpose: "Empowering shared human experiences at the heart of our sustainable spaces". For our 100,000 clients, this ambition is supported by our client-centric brand YouFirst. It is also positioned at the heart of UtilesEnsemble, our program setting out our solidarity-based commitments to the environment, to people and to the quality of life in cities.