Gecina : Q3 results: very strong operating performance, exceeding expectations
>Record rental activity of 52,000 m² in Q3 fully securing 2023 and 2024 deliveries in the pipeline - Gecina’s very strong operating performance in Q3 2023 is due mainly to record letting activity in the period. Gecina let 52,000 m² in the quarter for a total of 136,000 m² in the first 9 months of 2023:The two emblematic projects in its pipeline which are to be delivered in 2024 are now fully pre-let at rents above what Gecina initially expected. Gecina thus sign...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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