GECINA · Paris France ·(Euronext Paris: GFC)
Company Description
Phone: +33-1-40-40-50-50
Rankings
- SBF 120
- CAC Mid100
- SBF 250
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In the City of Lights, few can hold a candle to GECINA. The residential and office property holder and operator commands more than 3.5 million sq. meters of floor space worth some €12 billion, with most of its holdings in Paris and surrounding communities. It has benefited from a vacancy rate in the region that historically has hovered around 5%. The company's portfolio also includes hotels, health properties, and student residences. Affiliate Locare is the firm's sales, leasing, and management arm. GECINA is registered in France as an SIIC, which is similar to a US real estate investment trust (REIT). Spanish real estate giant Metrovacesa owns more than a quarter of the company. To read the full description, subscribe now.
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Key GECINA Financials
| Company Type | Public - Euronext Paris: GFC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $808.7 |
| Employees | 598 |
GECINA Executives
29 executives listed for GECINA's Paris, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Joaquín Valcarce | Network |
| Director Finance and Deputy Managing Director | Michel Gay | Network |
| Director and Deputy CEO | Antonio Truán | Network |
Competition
Competitive Landscape for GECINA
Demand, which is driven by the volume of commercial real estate transactions, is heavily influenced by real estate vacancy rates. The profitability of individual companies depends on efficient operations. Large companies have advantages in performing a full range of services in multiple markets. Small companies can compete effectively by specializing in local markets. Average annual revenue per worker is over $200,000 for brokers and agents, but under $100,000 for property managers, reflecting the more labor-intensive nature of the business. To read the full description, subscribe now.Top GECINA Competitors
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