Gecina : Very solid first half with a recovery that bodes well going forward
>Solid H1 signals start of exit from crisis, especially in most central zones - We see Gecina's operating performance in H1 2021 as very solid in view of the health crisis and it looks to signal a reassuring start to the recovery in operating trends for the office segment in the most centrally located zones of the Paris region; this bodes well for Gecina going forward:Rental business picking up again in office segment: Gecina let, re-let or renewed over 115,000 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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