General presentation of Gecina
The French group Gecina is a real estate company that owns and manages a very large real estate portfolio, mainly located in the Ile-de-France region, which is estimated to be worth nearly 20 billion euros. More specifically, this company, which is listed on the Euronext Paris stock market, is a Société D'Investissement Immobilier Cotée or SIIC. In total, nearly 500 employees work for this group, which is none other than the leading office property company in France and which also has a diversification division with residential assets and student residences. Gecina is thus one of the largest real estate companies in France.
The Gecina Group's activities can be divided into several divisions according to the rental income generated by each of them and in this way:
- Offices and shops represent more than 77.9% of the group's rental income.
- Housing accounts for nearly 19.4% of this income.
- Finally, residences for students and other working people represent 2.7% of rental income.
The total amount of the Gecina Group's real estate assets at the beginning of 2018 was 19.6 billion euros in market value. 80.2% of this portfolio is made up of offices and shops, 16.1% of which is residential, with the remaining 3.7% mainly made up of student residences.
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