Gecina appoints Meka Brunel as new CEO

– FRANCE, Paris – Gecina (Paris:GFC) ‘s Board of Directors, appointed Mrs Méka Brunel as Gecina’s Chief Executive Officer, replacing Mr Philippe Depoux. The Board of Directors thanked Mr Philippe Depoux for the work accomplished since 2013, enabling Gecina to further strengthen its fundamentals and prepare for its continued development.

Since 2009, Mrs Méka Brunel has been President Europe for Ivanhoé Cambridge, heading up Ivanhoé Cambridge’s real estate operations in Europe. On April 23, 2014, Méka Brunel was appointed as a director with Gecina.

The Board of Directors is looking to accelerate the implementation of the Company’s strategy, driving its development forward with a view to establishing it as a leading European real estate group.

Bernard Michel, Gecina’s Chairman: “Mrs Méka Brunel, working closely with the Board of Directors, will be capitalizing on Gecina’s solid fundamentals to accelerate the strengthening of its position as the market leader for offices in Paris, focusing on operational, financial and environmental performance.”

Gecina, a leading real estate group

Gecina owns, manages and develops property holdings worth 11.7 billion euros at July 1, 2016, with 97% 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. These data exclude the healthcare portfolio, which was sold for 1.35 billion euros on July 1, 2016. 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 indices. In line with its commitments to the community, Gecina has created a company foundation, which is focused on protecting the environment and supporting all forms of disability.

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