Gecina

About The Fund

Gecina is a prominent real estate investment trust (REIT) headquartered in France, specializing in the ownership, management, and development of real estate properties. The company focuses specifically on the urban real estate market in Paris and the western suburbs of Paris, reflecting a strategic positioning in dynamic and high-potential geographic areas. With a property portfolio largely consisting of office buildings, residential assets, student residences, and healthcare facilities, Gecina operates with the objective of creating sustainable performance for their shareholders and investors. Their real estate strategy is grounded in long-term value creation within urban cores, adhering to the highest standards. At its core lies a commitment to inclusivity, soberness, and the seamless integration of living and working spaces in urban environments. Gecina's raison d'être emphasizes the human dimension of real estate, aiming to facilitate shared human experiences within sustainable living spaces. They recognize the importance of their social impact and articulate this with their extensive property portfolio that serves as the seedbed for value generation. Gecina has made significant strides in sustainability, boasting a substantial reduction in CO2 emissions since 2008, which underlines their dedication to environmental stewardship. Their proprietary service and experience brand 'YouFirst' is designed to provide a continuity of services for clients across the various real estate offerings – including YouFirst Bureau, YouFirst Residence, and YouFirst Campus. Financially, Gecina maintains a sound performance with a robust investment portfolio valued at €17.1 billion and a diversified tenant base of 100,000 clients comprising businesses and residents. They display a strong fiscal position with a Loan-to-Value ratio of 35.0%. Gecina remains attentive to its shareholders, offering opportunities to become shareholders, joining the shareholder's club, and providing detailed fiscal updates and regulatory information. The company also addresses corporate social responsibility with comprehensive RSE policies that span low-carbon initiatives, circular economy, well-being, biodiversity, and innovation. Gecina's commitments are further extended through the Gecina Foundation, which supports art and culture as a part of its community engagement.