Report
Florent Laroche-Joubert

Gecina : Publication likely to underpin the group status as a benchmark player

>Robust revenue growth at the group’s three business lines - Gecina delivered a strong operational performance in Q1 2023 in line with the positive trend observed in 2022 with gross rental income of € 166.7m, up +8.7% at current scope and +7.3% at constant scope (cs) notably due to indexation at +4.2% y-o-y (vs +2.1% in 2022), effects linked to the improvement in its occupancy rate over the past 12 months (contribution of +1.7%) and the positive effects linked to rev...
Underlying
Gecina SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Florent Laroche-Joubert

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