Gecina Sa · EURONEXT:GFC
Gecina Sa — Investor Presentation (October 2025)
15 slides from Gecina Sa's investor presentation, October 2025
Slide 1: Gecina: The most Parisian REIT
Gecina The most Parisian REIT October 2025 1 - -
Slide 2: Gecina, the Most Parisian REIT
Gecina, the Most Parisian REIT Unique Active asset Strong portfolio management performance & balance sheet A one-of-a-kind, high- Operate & grow rents, Consistent financial returns quality Parisian portfolio optimize energy consum. and sound balance sheet to with European scale, and reduce carbon ca
Slide 3: All Roads Lead to Paris
All Roads Lead to Paris Demographics Major economic Exceptional driving growth & strategic hub connectivity Nearly 20% of France’s Largest city in the world A European Gateway population lives in the #5 in terms of GDP (31% of Paris Region — over French GDP vs 23% for Seamlessly connected to 12 mill
Slide 4: Return to the office: a Turning Point
Return to the office: a Turning Point Tenants Prioritizing “Better Square Meters” Renewed emphasis Paris improves its on in-office collaboration global leadership 3.5 days/week in office on Arthur Sadoun (Publicis) 3.5 average, up +0.2 days in 2024 vs + central 2023 (IFOP), ahead of Singapore & Tran
Slide 5: Where Corporates Want to Be
Where Corporates Want to Be On the market: Gecina’s portfolio large deals remaining central aligned with demand La Défense Paris CBD Southern Loop Source: BNP RE Take-up >5,000 sq.m (2024 & H1 2025) 78% of the Group’s office portfolio in Paris/Neuilly Deals signed in FY 2024 66 743k Deals signed in
Slide 6: Limited Supply to Meet Client Demand in Paris
Limited Supply to Meet Client Demand in Paris Outperformance Outperformance of central areas of prime assets Higher demand Restricted supply 48% of demand 9% of supply Strong market share boost +9% growth in office jobs between Why? A high-density city with strict Prime market share has jumped 2009-
Slide 7: Our Journey to Office Leadership
Our Journey to Office Leadership + central + prime + green Portfolio refocus Continuous portfolio Sustained CSR strategy transformation improvement Shift to central locations: 78% of office of office assets refurbished over the Less energy, better energy, smart +16pts 55% assets now in Paris/Neuilly
Slide 8: Gecina: Grade A Assets in Central Locations
Gecina: Grade A Assets in Central Locations € 17.0bn 83% 17% A 10 min walk between Portfolio value at H1 2025 bef. Offices 116 assets Residential 38 assets Opéra & Madeleine acquisition c. €120m/asset c. €70m/asset 35-31 3 Opéra Capucines 5,500 sq.m 6,400 sq.m Last refurb. 2023 Delivered 2024 Office
Slide 9: Enduring Fundamentals for More Growth
Enduring Fundamentals for More Growth Strong footprint in Rental growth potential top-performing locations still high in core areas Structurally favorable market trends in Paris/Neuilly • Prime rent up +34% in Paris CBD over the past five years. • Given the continued growth of prime rents in Paris C
Slide 10: Building on a Unique Set of Clients…
Building on a Unique Set of Clients… Paris, a leading Unrivaled economic powerhouse client mix Diversified tenant base across multiple sectors, A concentration of major economic players providing balanced exposure to a broad range of macroeconomic drivers, Consulting, service jobs, with Europe’s hig
Slide 11: … and Unmatched Expertise to Deliver the Right Product
… and Unmatched Expertise to Deliver the Right Product Multidisciplinary expertise Strategic positioning Service excellence • Multidisciplinary operator: fully integrated real • Office and residential operator: agile • Full range of services: development of a service estate platform covering investm
Slide 12: Active Asset Management to Maximize Value
Active Asset Management to Maximize Value Paris Other Offices Offices Residential Capture annual indexation on all leases Operate and grow Tenant rotation to Tenant rotation to capture rental uplift capture rental uplift Long-term tenant retention Leveraging insights from student Deployment of new s
Slide 13: Proven Agility in Capital Recycling
Proven Agility in Capital Recycling Asset disposal Value-Driven Risk & return capability investing focus • Mature assets sold at premiums versus • Reinvest in more profitable, more • Strategic focus on central locations with their valuations and low capitalization rates central, greener, higher-yiel
Slide 14: Energy & Carbon: Standing the Test of Time
Energy & Carbon: Standing the Test of Time ISO Day-to- 100% 100% 50001 day Of the office International ESG incentives CSR: portfolio certified for all teams energy mgmt. standard Less energy: Better energy: Better investment: monitoring energy switch to renewables for a targeted approach efficiency
Slide 15: Agenda, Contact, Disclaimer
Agenda • 02.10.2026: 2025 earnings, after market close • 04.22.2026: Annual General Meeting • 04.22.2026: Business at March 31, 2026, after market close • 07.22.2026: 2026 first-half earnings, after market close Contact nicolasbroband@gecina.fr Disclaimer This document does not constitute an offer t