Paris, France, December 17, 2018

Gecina finalizes the letting of Ibox - 220,000 sq.m let or relet in total since the start of the year

Gecina is announcing that it has signed a lease with the European Securities and Markets Authority (ESMA) for nearly 9,000 sq.m of the Ibox building, in Paris’ 12th arrondissement, opposite Gare de Lyon. This new lease, effective from October 2019, follows the leases already signed with the AccorInvest, Dataiku and Exponens Conseil & Expertise Comptable groups. All of Ibox’s office space has now been pre-let ahead of the building’s delivery.

This 19,000 sq.m building, aligned with the highest environmental standards and offering an extensive range of services, perfectly illustrates Gecina’s ambition to accompany the transformation of the heart of the city to serve its customers through its YouFirst brand, which is currently being rolled out and was officially launched on December 6, 2018.

This latest transaction takes the letting rate for the Group’s assets delivered in 2018 and 2019 up to 80%.

Méka Brunel, Chief Executive Officer: “We are delighted to welcome the ESMA, a major pan-European organization, and its teams to the Ibox building. This latest lease caps a historic year for Gecina in terms of lettings, with almost 220,000 sq.m let or relet in total, including around 95,000 sq.m for buildings from its development portfolio”.

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