Paris, France, July 15, 2019

Gecina enters into exclusive negotiations with a French institutional investor to acquire nearly 32,000 sq.m in Neuilly-sur-Seine

Following a call for tenders issued by the CRPN (Caisse de Retraite du Personnel Navigant Professionnel de l’Aéronautique Civile), France’s flight crew pension fund, Gecina has entered into exclusive negotiations to acquire 100% of office units held by the CRPN in the “Carreau de Neuilly” real estate complex on Avenue Charles de Gaulle in Neuilly-sur-Seine. This operation could be based on an asset swap between Gecina and the CRPN. 

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