Gecina is benefiting from its strategic repositioning and dynamic management of its debt
Office rental income up +6%
Cost of debt down -50 bp to 2.2% (1.7% for drawn debt)

Recurrent net income (Group share) growth target revised upwards for 2016
Reported recurrent net income (Group share) expected to be stable in 2016
in line with expected growth of nearly +7%, excluding the impact of the healthcare portfolio's sale

Strong confidence in the future with the pipeline up to 3.7 billion euros
Offering strong visibility from 2018-2019 in terms of earnings growth and value creation,
with 80 million euros of potential annualized rents expected through deliveries, primary scheduled for 2018

Gecina SA published this content on 20 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2016 16:33:06 UTC.

Original documenthttp://www.gecina.fr/en/media/news/business-september-30-2016.html

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