Gecina Raises Benefit by 2.7%

29/04/2014 – El Economista

In the first quarter of 2014, Metrovacesa´s French branch Gecina registered an 83.3 million net income benefit, by 2.7% higher than in the same period in 2013.

The three first months of the year allowed it to increase gains by 3.2% to €148.4 million. Its Ebitda showed €122.8 million, by 4.7% more.

Gecina noted better rental occupation of its buildings, particularly the offices in the heart of Paris, from 95.5% to 96.9%.

 

 

Original article: El Economista

Translation: AURA REE

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