alstria, COIMA RES, Colonial, Gecina, Great Portland Estates and NSI Create a Sustainability and Innovation Thinktank

Regulatory News:

Gecina (Paris:GFC):

Olivier Elamine (CEO of alstria), Manfredi Catella (Founder & CEO of COIMA RES), Pere Viñolas Serra (CEO of Colonial), Méka Brunel (CEO of Gecina), Toby Courtauld (CEO of Great Portland Estates) and Bernd Stahli (CEO of NSI) agreed to create a thinktank that will group together the sustainability and innovation best practices and research of the six European REITs.

This forum for exchanges and initiatives will be complementary with the actions taken by each of the companies. It will be a framework for research projects, and any other initiative aimed at strengthening their capacity for innovation and implementing sustainability best practices.

alstria, COIMA RES, Colonial, Gecina, Great Portland Estates and NSI are leaders in their respective real estate markets. Their complementary positioning will make it possible to benefit from a pan-European scale with deep expertise across the German, Italian, Spanish, French, British and Dutch markets.

Olivier Elamine, Manfredi Catella, Pere Viñolas Serra, Méka Brunel, Toby Courtauld and Bernd Stahli declare in a joint statement:

"The real estate industry faces some major changes in terms of the expectations of its customers and prospects and it is also witnessing a genuine technological revolution. The idea to bring together the research and best practices of major European operators such as alstria, COIMA RES, Colonial, Gecina, Great Portland Estates and NSI illustrates the conviction that concrete initiatives will be triggered by carrying out joint research and exchanging experiences from our respective markets and projects”.

Gecina, living the city in a different way

Gecina owns, manages and develops property holdings worth 19.5 billion euros at end-August 2017, with nearly 92% 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, Euronext 100, FTSE4Good, DJSI Europe and World, Stoxx Global ESG Leaders and Vigeo Eiris indices. In line with its community commitments, 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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