Press release concerning the Advisory Committee
Gecina acknowledges Jean-Louis Missika’s decision to stand down from his position on the Advisory Committee, following the opinion issued by the Ethics Commission for Paris Council Elected Officials (CDCP).
Gecina would like to clearly state that the Group has never benefited from any favorable decisions that might relate to a conflict-of-interest situation. Moreover, Gecina was never awarded any tenders by Paris City Hall when Jean-Louis Missika was in office.
Created in April 2021, and announced in a press release on April 13, the Advisory Committee’s mission is to support Gecina’s research into core trends in the evolving real estate market. Its work, in a strictly advisory capacity, is focused primarily on the scenarios for evolving trends relating to lifestyles and workplace practices, and their consequences for the organization of our cities and living environments. The Committee groups together experts with a wide range of skills (academics, business leaders), which represents a key asset to support the Group as it continues to move forward with its transformation.
The Advisory Committee is not a committee that was set up by the Group’s Board of Directors and is not part of Gecina’s corporate governance structure.
It has held two meetings to date in 2021, on April 13 and October 8. The Advisory Committee will meet at least twice a year.
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