Gecina, the leading owner of offices in France and the Paris Region, is joining forces with Indigo to set up the shared management of 1,300 parking spaces in 37 buildings across its portfolio.

First partnership on this scale in France

For Gecina, the car park sharing solution is fully aligned with its commitment to urban innovation: 'Sharing unused spaces with drivers who are looking for parking solutions at the heart of our cities is part of an innovative approach for shared services in line with the needs of everyone involved: daytime passes or per-hour parking for professionals during the week, or overnight and at weekends for residents. This initiative offers a response to the needs of neighboring residents, while optimizing value creation for our assets', explains Philippe Depoux, Gecina's Chief Executive Officer. Through this approach, the Group is positioned with strong commitments in the city, focused on facilitating urban mobility thanks to agile technological solutions.

Sébastien Fraisse, Executive Vice-President of Indigo in France, adds: 'With this partnership, Indigo aims to demonstrate the technical expertise of a parking market leader, which already manages several shared car parks in the Paris Region, as well as the agility and performance of its technological tools for managing fully electronic transactions'.

The car parks covered by this partnership are located primarily in the Paris Region, with 80% in Central Paris. They will be opened gradually from spring 2016. To enable drivers to park their vehicles in these new facilities, Indigo is developing a secure solution for vehicle and pedestrian access, while putting in place the signs needed to easily identify reserved spaces.

Concrete response to the growing shortage of parking spaces in cities

Every day, drivers are faced with the growing shortage of parking spaces in major cities: there are fewer on-street parking spaces (cut by nearly 15% in Paris for instance between 2003 and 2012), 20% of vehicle traffic is generated by drivers looking for parking spaces, and there is an established phenomenon of cars hogging spaces and left parked for 95% of the time. These factors are considerably restricting vehicle rotation levels, with adverse impacts on commercial
activity.

Gecina SA issued this content on 10 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 February 2016 16:55:38 UTC

Original Document: http://www.gecina.fr/en/media/news/urban-mobility-gecina-and-indigo-launch-first-large-scale-shared-car-park-offer-opening