Regulatory News:
Gecina (Paris:GFC) has consolidated its position as the leading listed office real estate company in Europe in the Global Real Estate Sustainability Benchmark (GRESB), which assesses the CSR policies and performance of real estate companies each year.
Gecina achieved an overall score of 92/100 and was awarded Green Star status, the highest category in the GRESB rankings, for the sixth consecutive year. The Group stood out in particular for its "Management" and "Policy Disclosure" performance, achieving the maximum score of 100 points. Gecina also made significant progress with its "Building Certification" and "Monitoring Environmental Management System" scores, increasing them by 4 and 3 points respectively. With these results, Gecina is setting out its determination to successfully implementing its "2020 Targets" plan and respecting its CSR commitments and the ESG criteria from the sustainability performance-linked loans set up with ING France and Crédit Agricole Corporate Investment Bank (CACIB).
"This outstanding result reflects our commitment to sustainable development and long-term value creation for our customers and all our stakeholders. The GRESB rankings confirm the relevance of our 2020 Targets plan, focused on four priorities (wellbeing, biodiversity, low-carbon and circular economy), and recognize the high level of dedication shown by all our teams each day," explains Méka Brunel, Gecina's Chief Executive Officer.
At the European Public Real Estate Association (EPRA) annual conference in Berlin, Gecina once again received two Gold Awards, including Gold in the Sustainability Best Practices Recommendations (SBPR) Awards. This recognition highlights the quality and transparency of the Group's sustainability reporting.
About GRESB
The Global Real Estate Sustainability Benchmark (GRESB) assesses the sustainable performance of real estate portfolios around the world for institutional investors. GRESB compares data provided by the companies on social, environmental and societal issues. The final ranking benchmarks real estate companies' sustainable performance levels against their direct competitors. Gecina's category includes real estate companies whose office assets represent more than 75% of their NAV. In 2018, GRESB assessed 903 real estate companies worldwide.
About EPRA
The European Public Real Estate Association (EPRA) is an association representing companies from the real estate industry. Its role is to promote, develop and represent listed real estate companies at European level.
Gecina, living the city in a different way
Gecina owns, manages and develops property holdings worth 19.8 billion euros at end-June 2018, with nearly 93% located in the Paris Region. The Group is building its business around France's leading office portfolio and a diversification division with residential assets and student residences. 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 SBF 120, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good, DJSI Europe and World, Stoxx Global ESG Leaders and Vigeo 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
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Contacts:
GECINA CONTACTS
Financial communications
Samuel Henry-Diesbach, 33 (0)1 40 40 52 22
samuelhenry-diesbach@gecina.fr
or
Virginie Sterling, 33 (0)1 40 40 62 48
virginiesterling@gecina.fr
or
Press relations
Julien Landfried, 33 (0)1 40 40 65 74
julienlandfried@gecina.fr
or
Armelle Miclo, 33 (0)1 40 40 51 98
armellemiclo@gecina.fr