Paris, January 11, 2012
100% of 96-104 Avenue Charles de Gaulle in Neuilly-sur-Seine prelet over 9,000 sq.m
Gecina has prelet its
entire program that
is currently being
developed in
Neuilly-sur-Seine (96-104
Avenue Charles de
Gaulle) to a
technology and
innovation consultancy
and a leading
company from the
luxury sector. The
combined rent under
these two leases
will represent nearly
5.6 million euros
on an annual
basis.
The first tenant has
signed a lease
for a firm
nine-year period from
July 1, 2012,
covering 4,074 sq.m
of offices, while
the second has
signed up for
4,844 sq.m of
office space over
a firm seven-
year period from
August 1, 2012.
This real estate
complex, representing
almost 9,000 sq.m
of offices, has
been subject to
a major redevelopment
program, designed by
the architect firm
Lobjoy & Bouvier
Associés. It consists
of three buildings
that are connected
up by two
ground and
first-basement floor
galleries, both
benefiting from
natural lighting. The
building on Avenue
Charles de Gaulle
has been completely
demolished and
rebuilt, while the
other two buildings
have been fully
redeveloped, and the
connecting building
has been developed
based entirely on
a wooden
structure.
This complex will be
delivered at the
end of April
2012 and is
aiming for high
environmental quality
(HQE) certification
for its build,
as well as
energy efficiency
certification (New and
Renovation). Gecina
has signed "green
leases" with both
tenants, formalizing a
series of shared
objectives between the
parties for various
aspects, including
effective control over
energy costs, waste
and water management.
With these "green
leases", Gecina
is looking to
achieve HQE
certification for
operations covering
this real estate
complex.
In view of this
latest transaction,
52% of the
office projects to
be delivered in
2012 have already
been prelet.
On these two lettings,
Gecina was advised
by Catella and
Maître Jégou from
Baker & McKenzie
SCP.
Gecina, a leading real estate group
Gecina owns, manages and develops property holdings worth 11.8 billion euros at June 30, 2011, with 87% located in the Paris Region. This real estate company's business is built around an Economic division, including France's largest office portfolio, and a Demographic division, with residential assets, student residences and healthcare facilities. Gecina has put sustainable innovation at the heart of its strategy to create value, anticipate its customers' expectations and invest while respecting the environment, thanks to the dedication and expertise of its staff.
Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the FTSE4Good, DJSI World and Stoxx Global ESG Leaders indices. In line with its commitments to the community, Gecina has created a company foundation, which is focused on protecting the environment and supporting all forms of disability.
www.gecina.fr
CONTACTS
Financial communications Press relations
Elizabeth Blaise Armelle Miclo
Tel: + 33 (0)1 40 40 52 22 Tel: +33 (0) 1 40 40 51 98
Régine Willemyns
Tel: + 33 (0)1 40 40 62 44
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