Gecina sells a portfolio of restaurant premises for nearly €20m
Gecina has finalized the sale of a portfolio of restaurant premises, let primarily to Léon de Bruxelles and Courtepaille, for nearly €20m.
This portfolio of 16 assets, representing a total of almost 11,500 sq.m, has been drawn exclusively from the scope acquired through the business combination with Eurosic.
With the recent sale of office portfolios in regional hubs away from Paris, Gecina has therefore finalized or secured nearly €1.5bn of sales of assets since the start of the year, moving forward with its portfolio’s realignment around assets in the Paris Region’s most central sectors.
On this transaction, Gecina was advised by Arthur Loyd and Cushman & Wakefield.
Paris, France, December 3, 2018
Gecina has finalized the sale of a portfolio of office buildings in various regions other than Paris to a group of institutional investors in which the Batipart Group has majority control.[...]
Paris, France, November 22, 2018
Gecina has finalized the sale of a portfolio of office buildings in Lyon to Primonial REIM, following the preliminary sales agreement signed in summer 2018, for €266m including commissions[...]
Gecina takes its LTV back down below 40% thanks to nearly €1.2bn of sales secured since January 2018
Paris, France, June 25, 2018
Gecina has signed preliminary sales agreements for two portfolios of buildings located in various French regions other than Paris for €775m. These buildings, from the former Eurosic scope,[...]