gecina sa (GECFF) Snapshot

Mr. Philippe Depoux, Gecina's new Chief Executive Officer, joined the Group on June 3, 2013. More recently, he was appointed Chairman of Generali France Immobilier in 2008 and then Chief Executive Officer of Generali Real Estate French Branch in 2012.

Gecina has fully let the Newside building in La Garenne-Colombes (Boucle Nord sector) to Technip France SA in connection with the development of business by this market leader for project management, engineering and construction for the energy industry. Technip France SA has signed a ‘green lease’ for a firm eight-year period from July 15, 2013. Newside is a new building, delivered in the third quarter of 2012, and represented a EUR 69.4 million investment for Gecina, with a headline net yield of 7.0% following this transaction. This asset, designed by the Valode & Pistre, has a gross leasable area representing 17,955 sq.m of office space and is the first building in France to have achieved triple certification: HQE(R) Construction exceptional level (BBC energy efficiency label), BREEAM (Very Good) and LEED (Platinum). On this operation, Gecina was advised by Constance de la Hosseraye (Bird & Bird) for legal aspects, while Gecina and the tenant were both advised by CBRE on real estate aspects.

Gecina SA announced that the Combined General Meeting on April 18, 2013, dismissed Mrs. Helena Rivero, Mrs. Victoria Soler and Mr. Vicente Fons from their positions as directors.