Gecina Lets the Newside Building in Full to Technip France SA

Regulatory News :

Gecina (Paris:GFC) has fully let the Newside building in La Garenne-Colombes (Boucle Nord sector) to Technip France SA in connection with the development of business by this global market leader for project management, engineering and construction for the energy industry. Technip France SA has signed a "green lease” for a firm eight-year period from July 15, 2013.

Newside is a new building, delivered in the third quarter of 2012, and represented a 69.4 million euro investment for Gecina, with a headline net yield of 7.0% following this transaction. This asset, designed by the architect firm Valode & Pistre, has a gross leasable area representing 17,955 sq.m of office space and is the first building in France to have achieved triple certification: HQE® Construction exceptional level (BBC energy efficiency label), BREEAM (Very Good) and LEED (Platinum).

On this operation, Gecina was advised by Constance de la Hosseraye (Bird & Bird) for legal aspects, while Gecina and the tenant were both advised by CBRE on real estate aspects.

Gecina, a leading real estate group

Gecina owns, manages and develops property holdings worth 11 billion euros at December 31, 2012, with 88% located in the Paris Region. This real estate company's business is built around an Economic division, including France's largest office portfolio, and a Demographic division, with residential assets, student residences and healthcare facilities. Gecina has put sustainable innovation at the heart of its strategy to create value, anticipate its customers' expectations and invest while respecting the environment, thanks to the dedication and expertise of its staff.

Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the FTSE4Good, DJSI Europe and World, Stoxx Global ESG Leaders and ASPI Eurozone® indices. In line with its commitments to the community, Gecina has created a company foundation, which is focused on protecting the environment and supporting all forms of disability.

www.gecina.fr