Gecina : Central location: a key strategic focus
>2018 guidance confirmed after a robust quarter - In a favourable Paris office market with historically low vacancy rates (1.5%) and contracting available supply (-44% y-o-y), Gecina is taking full advantage of its strategic focus on central locations. While total gross revenues for 9M 18 (€ 504.5m) are up 31.4% y-o-y thanks to the consolidation of Eurosic, like-for-like (lfl) growth gathered momentum in the quarter and came to +2.2% in 9M 2018 (vs 1.8% in H1 2018). M...Gecina is a rental real estate company. Co.'s purpose is to operate individual rental properties or group of properties located mainly in France. Co.'s properties include commercial assets (offices and retail outlets), residential assets, logistics assets, hotels and healthcare facilities. Co. is organized around two main sectors and one ancillary segment: Economic sector comprising the commercial segment (offices and retail outlets), the portfolio of logistics properties and of hotel buildings; Demographic sector comprising traditional residential units (housing units property holding), portfolio of students residences and of healthcare facilities; Ancilary segment of real estate services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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