Gecina: NRI target raised for 2024

(CercleFinance.com) - On the occasion of its quarterly trading update, Gecina announces that it has raised its NRI (net recurring income) group share forecast for 2024, now expected to be around E6.
40 per share.

At E518.5m, rental income rose by 4.4% on a reported basis and 6.7% LFL, driven by a strong contribution from indexation (+5.4%) and reversion (+1%).

Gecina also boasts significant reversion on new leases, with an average increase of +14% between expiring and new leases, including +18% in the core areas of the office portfolio and +16.5% on the residential portfolio.


Copyright (c) 2024 CercleFinance.com. All rights reserved.