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Gecina SA (GFCP.PA)

GFCP.PA on Paris Stock Exchange

130.80EUR
22 Mar 2019
Change (% chg)

€-1.00 (-0.76%)
Prev Close
€131.80
Open
€132.50
Day's High
€133.00
Day's Low
€130.80
Volume
105,506
Avg. Vol
111,690
52-wk High
€153.00
52-wk Low
€110.30

Latest Key Developments (Source: Significant Developments)

Gecina FY EBITDA Rises To 536.1 Million Euros
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - GECINA SA ::FY EPRA NAV UP +5.4% TO €161.6 PER SHARE (€168.0 BASED ON UNIT RESIDENTIAL VALUES)….FY RECURRENT NET INCOME UP +20% TO €437.2M AND +9% PER SHARE TO €5.93.FY GROSS RENTAL REVENUE EUR 661.7 MILLION VERSUS EUR 558.9 MILLION YEAR AGO.RECURRENT NET INCOME PER SHARE FOR 2019 IS EXPECTED TO GROW BY AROUND +2%.FY EBITDA EUR 536.1 MILLION VERSUS EUR 453.5 MILLION YEAR AGO.AVERAGE FINANCIAL OCCUPANCY RATE IN 2018 WAS 94.9 PERCENT.IFRS GROSS RENTAL INCOME COULD SEE GROWTH OF €130 MILLION TO €140 MILLION BY 2024.TO PROPOSE A DIVIDEND PAYOUT OF EUR 5.50 PER SHARE FOR 2018.  Full Article

Gecina Finalizes Letting Of Ibox
Monday, 17 Dec 2018 

Dec 17 (Reuters) - GECINA SA ::GECINA FINALIZES THE LETTING OF IBOX.THIS NEW LEASE, EFFECTIVE FROM OCTOBER 2019, FOLLOWS THE LEASES ALREADY SIGNED WITH THE ACCORINVEST, DATAIKU AND EXPONENS CONSEIL & EXPERTISE COMPTABLE GROUPS.SIGNED LEASE WITH EUROPEAN SECURITIES AND MARKETS AUTHORITY (ESMA) FOR NEARLY 9,000 SQ.M OF IBOX BUILDING.THIS LATEST TRANSACTION TAKES THE LETTING RATE FOR THE GROUP’S ASSETS DELIVERED IN 2018 AND 2019 UP TO 80%.  Full Article

Gecina To Recover 55 Million Euros Following Conviction Of Former Manager
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - GECINA SA ::SAYS GECINA TO RECOVER €55M OF DAMAGES FOLLOWING THE CRIMINAL CONVICTION OF ITS FORMER MANAGER, JOAQUÍN RIVERO.SAYS GECINA WILL RECEIVE MORE THAN €55M OF DAMAGES IN TIME, REPRESENTING APPROX TWO THIRDS OF THE SUMS THAT HAD BEEN SEIZED DURING THE INVESTIGATION PHASE.  Full Article

Gecina Signs Firm 10-Year Lease With Seqens
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - GECINA SA ::GECINA LETS 41% OF THE “BE ISSY” BUILDING.SIGNED FIRM 10-YEAR LEASE WITH SEQENS EFFECTIVE JUNE 15, 2019 FOR 10,400 SQ.M OF “BE ISSY” BUILDING IN ISSY-LES-MOULINEAUX.  Full Article

Gecina End-Sept Total Gross Revenue Up At 504.5 Million Euros
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - GECINA SA ::END-SEPT GROSS RENTAL INCOME UP +30.7% ON A CURRENT BASIS.END-SEPT LIKE-FOR-LIKE GROWTH OF +2.2%.CONFIRMS ITS TARGET FOR RECURRENT NET INCOME PER SHARE GROWTH OF OVER +8% FOR 2018.€1.7 BLN OF COMMERCIAL SALES SECURED SINCE EUROSIC’S ACQUISITION AND 150,000 SQUARE METERS LET IN 2018.END-SEP TOTAL GROSS REVENUE EUR 504.5 MILLION VERSUS EUR 383.9 MILLION YEAR AGO.CONFIRMS ITS TARGETS FOR 2018.AVERAGE FINANCIAL OCCUPANCY RATE OF 95.1 PERCENT AT END SEPTEMBER 2018.  Full Article

Gecina H1 2018 Recurrent Net Profit Group Share Eur 230.3 Million
Thursday, 19 Jul 2018 

July 19 (Reuters) - Gecina SA ::2018 EXPECTATIONS REVISED: RECURRENT NET INCOME PER SHARE NOW EXPECTED TO INCREASE BY OVER +8%.H1 GROSS RENTALS INCOME EUR 335.4 MILLION VERSUS EUR 240.6 MILLION YEAR AGO.OUTLOOK FOR 2018 UPGRADED AND CONFIDENCE FOR THE LONGER TERM.H1 EBITDA EUR 274.4 MILLION VERSUS EUR 191.4 MILLION YEAR AGO.H1 RECURRENT NET PROFIT GROUP SHARE EUR 230.3 MILLION VERSUS EUR 152.7 MILLION YEAR AGO.IN 2018 RECURRENT NET INCOME (GROUP SHARE) PER SHARE IS EXPECTED TO SHOW GROWTH OF OVER +8% (VERSUS THE PREVIOUS FORECAST OF +3% TO +6%)..SAYS TRIPLE NET NAV UP +5.8% YEAR-ON-YEAR.SAYS 14 OPERATIONS ARE SCHEDULED TO BE DELIVERED BETWEEN 2018 AND 2019, WITH POTENTIAL RENTAL INCOME OF ALMOST €116M.SAYS DILUTED EPRA NAV (BLOCK) REPRESENTS €157.3 PER SHARE, UP +5.8% YEAR-ON-YEAR.€1.3BN OF SALES SECURED SINCE THE START OF THE YEAR.SAYS THE GROUP HAS EXTENDED THE AVERAGE MATURITY OF ITS DEBT TO 7.4 YEARS AND ITS HEDGING TO 7.6 YEARS.  Full Article

Gecina And Wemind Launch A Partnership
Wednesday, 4 Jul 2018 

July 4 (Reuters) - GECINA SA ::GECINA SA - GECINA AND WEMIND LAUNCH A PARTNERSHIP TO FACILITATE ACCESS TO HOUSING FOR ENTREPRENEURS AND FREELANCERS IN PARIS.  Full Article

Gecina: Preliminary Sales Agreements For Two Portfolios Of Buildings
Monday, 25 Jun 2018 

June 25 (Reuters) - GECINA SA ::SIGNED PRELIMINARY SALES AGREEMENTS FOR TWO PORTFOLIOS OF BUILDINGS LOCATED IN VARIOUS FRENCH REGIONS OTHER THAN PARIS FOR €775M.SALES WILL BE FINALIZED BEFORE THE END OF 2018 ONCE THE STANDARD CONDITIONS PRECEDENT HAVE BEEN CLEARED.  Full Article

Gecina Signs 12-Year Lease With Wework
Monday, 18 Jun 2018 

June 18 (Reuters) - GECINA SA ::SIGNS A 12-YEAR LEASE WITH WEWORK FOR THE ENTIRE “LE FRANCE” BUILDING.BUILDING WILL OFFER A TOTAL OF NEARLY 20,000 SQ.M AND WILL BE DELIVERED IN OCTOBER 2018.  Full Article

Gecina Appoints Bernard Carayon As Chairman
Wednesday, 18 Apr 2018 

April 18 (Reuters) - GECINA SA ::BERNARD CARAYON APPOINTED CHAIRMAN.  Full Article