December 15, 2016 / 10:20 AM / 7 months ago

BRIEF-Gecina signs lease with the Orange Group

1 Min Read

Dec 15 (Reuters) - Gecina SA :

* Announced on Wednessday that it signed a lease with the Orange Group for an average firm period of 11 years covering 16,000 sq.m of the Sky 56 building in Lyon Part-Dieu

* This 30,700 sq.m project is currently under construction, with delivery scheduled for the second half of 2018

* Considering the space let previously to Icade and Linkcity in 2015 (25 pct of the space), the pre-letting rate is now up to nearly 80 pct

* This building is expected to generate almost 9.3 million euros ($9.76 million) of full-year rental income, with a net yield on cost of around 7 pct

Source text for Eikon:

Further company coverage:

$1 = 0.9526 euros Gdynia Newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below