Paris, France, February 11, 2021

Sale of 16 non-strategic assets

Gecina has sold a mixed portfolio of 16 assets with non-strategic profiles, due to their location or size, to two funds managed by Keys REIM, the Keys Asset Management Group’s portfolio management company, for a total of €54.6m excluding duties.


This 26,000 sq.m portfolio is made up of office assets, as well as retail units and parking spaces located in Paris, the Paris Region and other regions across France.

With this sale, Gecina is moving forward with its strategy to rationalize its portfolio and further strengthening, in the Paris Region, the centrality of its office assets in sectors with a focus on mixed-uses and proximity.

On this operation, Gecina was advised by the notary’s office Cheuvreux and the consulting firms JLL and Catella.


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