Press release

Paris, April 7, 2014

Gecina adopts a new organization

To support its strategic realignment around the office sector and further strengthen its model, the Group is adopting a new organization tailored to the value creation chain for real estate.
This approach, built around the value creation mission rather than the type of assets as was previously the case, encourages a cross-business focus and aims to simplify the organization and improve its operational efficiency.

The Executive Committee is made up of seven executive directors alongside Philippe
Depoux, Chief Executive Officer.
The Asset Management division, led by Vincent Moulard, is putting real estate performance - profitability and value creation - at the heart of the approach, while further strengthening the mapping and steering of the Group's real estate strategy, in synergy with the other divisions.
The Acquisitions & Sales division, led by André Lajou, is implementing the strategy to realign Gecina's portfolio, which aims to increase the percentage of offices within the Group's holdings to 70% and consolidate its position as the
leading real estate group on the Paris office market.

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The Portfolio division, led by Loïc Hervé, handles the operational management of assets - management, sales and letting, work - with a view to maximizing revenues and value creation. It is leading research around the building of the future, positioning sustainable development and the customer at the heart of the approach.
The Finance division, led by Nicolas Dutreuil, ensures the company's financial performance, while further strengthening the Group's financial management.
The General Secretary's Office, led by Philippe Valade, is leading the company's transformation and is responsible for the organization's performance and operating methods.
With this reorganization, two new executives are joining the Group's Executive
Committee:
Nathalie Bardin, Head of Marketing & Communication, will be ramping up and harmonizing the Group's activities to support customers and the brand.
Yves Dieulesaint, Head of CSR, is leading the deployment of the CSR approach in Gecina's strategy, offer, processes and tools with a view to establishing it as a truly differentiating factor within the Group's strategic positioning.

Gecina, a leading real estate group

Gecina owns, manages and develops property holdings worth 10.8 billion euros at December 31, 2013, with 90% 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 Europe and World, Stoxx Global ESG Leaders and Euronext Vigeo France 20 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

Press Relations

Gecina

Armelle Miclo, Communications manager

+33 (0)1 40 40 51 98

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