# GECINA

Summary updated: 2026-10-04T15:21:20.404335Z
Canonical: https://finbar.com/research/companies/gecina

## Overview

Gecina is a French listed real-estate investment company focused on owning, managing and developing office and residential properties, including student residences. Its portfolio is concentrated in Paris and the Paris Region: 98% of its properties were located there, according to figures as of June 30, 2026. At December 31, 2025, the portfolio was valued at €17.6 billion and included 1.2 million square metres of office space and nearly 5,300 homes. [1](https://app.finbar.com/go?id=P41034585)[2](https://www.gecina.fr/en/portfolio)

Gecina states its purpose as “Empowering shared human experiences at the heart of our sustainable spaces,” and describes its mission as supporting a more inclusive city through spaces for work and study and accessible, quality housing. [3](https://www.gecina.fr/en)[4](https://www.gecina.fr/en/group/our-mission) Gross rental income was €713 million in 2025. The company reported an average of 417 permanent employees in the first half of 2025. [5](https://www.gecina.fr/sites/default/files/2026-08/gecina_integrated_report_ir_2025_e-accessible.pdf)[6](https://app.finbar.com/go?id=P52521626)
[1](https://app.finbar.com/go?id=P41034585)[6](https://app.finbar.com/go?id=P52521626)[2](https://www.gecina.fr/en/portfolio)[3](https://www.gecina.fr/en)[4](https://www.gecina.fr/en/group/our-mission)[5](https://www.gecina.fr/sites/default/files/2026-08/gecina_integrated_report_ir_2025_e-accessible.pdf)

## Products & services

Gecina’s YouFirst offers include YouFirst Bureau, a managed-office service, and YourPlace, its turnkey workspace offer. YourPlace is described as private, fitted-out and customizable space with flexible contracts and included services. The office service can include fit-out, cleaning, maintenance, internet, reception, mail and other workplace amenities; the YouFirst Bureau app supports building access, food services, meeting-room booking, digital concierge and parcel delivery. [7](https://www.gecina.fr/en/youfirst) [8](https://bureau.youfirst.co/en/know-how) [9](https://bureau.youfirst.co/fr/savoir-faire/Bureaux-cles-en-main) [10](https://press.gecina.fr/news/gecina-enters-into-a-strategic-partnership-with-hqo-to-deploy-its-youfirst-bureau-brand-to-its-clients-efae-343e9.html) The company also operates YouFirst Campus student residences, with furnished, equipped and connected apartments alongside communal spaces; the Ivry-sur-Seine residence, for example, comprises 367 apartments and provides an on-site YouFirst Manager. [11](https://presse.gecina.fr/actualites/youfirst-campus-ouvre-une-nouvelle-residence-a-ivry-sur-seine-et-devoile-son-nouveau-site-internet-5502-b28e9.html) [12](https://www.gecina.fr/fr/exploiter)

In FY2025, offices and commercial spaces accounted for 84.6% of rental income and residential for 15.4%; these are rental-income shares, not portfolio-value shares. [13](https://www.gecina.fr/sites/default/files/2026-02/10-02-2026_-_press_release_gecina_-_2025_earnings.pdf) Gecina’s Q1 2026 materials describe YouFirst as its user-experience brand and report 16,000 sq. m of fully managed offices deployed, with about €16 million in annual rent associated with that offer. [14](https://app.finbar.com/go?id=P72630731) [15](https://app.finbar.com/go?id=P54168325)
[14](https://app.finbar.com/go?id=P72630731)[15](https://app.finbar.com/go?id=P54168325)[7](https://www.gecina.fr/en/youfirst)[8](https://bureau.youfirst.co/en/know-how)[9](https://bureau.youfirst.co/fr/savoir-faire/Bureaux-cles-en-main)[10](https://press.gecina.fr/news/gecina-enters-into-a-strategic-partnership-with-hqo-to-deploy-its-youfirst-bureau-brand-to-its-clients-efae-343e9.html)[11](https://presse.gecina.fr/actualites/youfirst-campus-ouvre-une-nouvelle-residence-a-ivry-sur-seine-et-devoile-son-nouveau-site-internet-5502-b28e9.html)[12](https://www.gecina.fr/fr/exploiter)[13](https://www.gecina.fr/sites/default/files/2026-02/10-02-2026_-_press_release_gecina_-_2025_earnings.pdf)

## Geographic presence

Gecina’s property portfolio is concentrated in Paris and the Paris Region. Its 2025 reporting describes about 1.2 million sq. m of offices and nearly 5,300 residential units in those areas; the available geographic description does not provide a country-by-country split. [16](https://www.gecina.fr/sites/default/files/2026-02/16-02-2026_-_press_release_gecina_-_accessing_2025_universal_registration_document.pdf)[1](https://app.finbar.com/go?id=P41034585) In 2024, 72% of the office portfolio was in Paris City and 87% in central sectors comprising Paris, Neuilly-Levallois, Boulogne-Billancourt and Issy-les-Moulineaux. [17](https://app.finbar.com/go?id=P117727141)

Gecina’s 2024 office gross rental income was €332.7m in Paris City, €84.1m in the Core Western Crescent, €77.6m in La Défense and €72.2m in other locations, including Peri-Défense, the inner and outer rim, and other regions. [18](https://app.finbar.com/go?id=T13319517) These are 2024 figures; the available 2025 geographic description does not provide a comparable breakdown of rental income by location. [18](https://app.finbar.com/go?id=T13319517)[19](https://www.gecina.fr/sites/default/files/2026-02/gecina_-_universal_registration_document_2025_1.pdf)
[1](https://app.finbar.com/go?id=P41034585)[17](https://app.finbar.com/go?id=P117727141)[18](https://app.finbar.com/go?id=T13319517)[16](https://www.gecina.fr/sites/default/files/2026-02/16-02-2026_-_press_release_gecina_-_accessing_2025_universal_registration_document.pdf)[19](https://www.gecina.fr/sites/default/files/2026-02/gecina_-_universal_registration_document_2025_1.pdf)

## Business segments

Gecina’s reported business is concentrated in two principal segments: Offices, including office and commercial-space assets, and Residential. For FY2025, offices and commercial spaces contributed approximately 84.6% of gross rental income and residential 15.4%; gross rental income was €712.6 million in total. [20](https://www.marketscreener.com/news/gecina-consolidated-financial-statements-2025-ce7e51dfd18bf625) [21](https://www.gecina.fr/sites/default/files/2026-02/gecina_-_2025_earnings_-_appendix_-_consolidated_financial_statements.pdf) At June 2026, the portfolio’s reported value was €14.8 billion in offices and €2.6 billion in residential assets, approximately 85% and 15%, respectively. [2](https://www.gecina.fr/en/portfolio)

In FY2024 segment reporting, Offices and Residential generated €566.7 million and €127.8 million of gross rental income, respectively—about 81.6% and 18.4% of the total. The company also reported “Other sectors,” with no gross rental income in that segment table. [22](https://app.finbar.com/go?id=T5142296) Within Offices, Gecina’s geographic breakdown includes Paris City, the Core Western Crescent, La Défense, and other locations; these are location categories rather than separate operating segments. [18](https://app.finbar.com/go?id=T13319517) Residential rental categories include YouFirst residential and YouFirst Campus, rather than additional reported operating segments. [23](https://app.finbar.com/go?id=T10354595)
[22](https://app.finbar.com/go?id=T5142296)[18](https://app.finbar.com/go?id=T13319517)[23](https://app.finbar.com/go?id=T10354595)[20](https://www.marketscreener.com/news/gecina-consolidated-financial-statements-2025-ce7e51dfd18bf625)[21](https://www.gecina.fr/sites/default/files/2026-02/gecina_-_2025_earnings_-_appendix_-_consolidated_financial_statements.pdf)[2](https://www.gecina.fr/en/portfolio)

## Company history

Founded in 1959 as Groupement pour le Financement de la Construction (GFC), the company was listed in Paris in 1963. Through acquisitions and mergers in the 1990s and early 2000s—including Simco in 2002, which was absorbed in 2003—it grew into a larger property group, adopted the Gecina name in 1998 and SIIC status in 2003. [24](https://app.finbar.com/go?id=T15358707)[25](https://www.gecina.fr/sites/default/files/2024-03/gecina_rapport_integre_2023_e-accessible.pdf)

Gecina expanded into student housing with the Campuséa brand in 2008. It sold its hotel portfolio in 2013 and healthcare portfolio in 2016; in 2015 it acquired the T1&B towers and PSA’s former headquarters. Its 2017 acquisition of Eurosic was another major expansion. [24](https://app.finbar.com/go?id=T15358707)[26](https://www.gecina.fr/sites/default/files/2009-02-27_V5_Gecina_ResultatAnnuels2008_Presentation.pdf)[27](https://www.gecina.fr/sites/default/files/pdf_investisseur_en/20140226-2013_Reference_doc.pdf)[28](https://press.gecina.fr/news/firm-agreement-signed-to-sell-the-healthcare-portfolio-for-1-35-billion-euros-52c3f-343e9.html)[29](https://www.gecina.fr/sites/default/files/gecina_-_fy_2017_slides-vdef.pdf)

In 2018, Gecina launched YouFirst, its customer-relations brand. In 2020, it stated its purpose as “Empowering shared human experiences at the heart of our sustainable spaces.” [30](https://app.finbar.com/go?id=P131625888)[31](https://press.gecina.fr/news/gecina-renews-its-visual-identity-and-launches-youfirst-its-relational-brand-for-all-its-clients-5636-343e9.html)[32](https://www.gecina.fr/sites/default/files/2021-03/gecina-ri-2020-en_e-accessible.pdf)
[24](https://app.finbar.com/go?id=T15358707)[25](https://www.gecina.fr/sites/default/files/2024-03/gecina_rapport_integre_2023_e-accessible.pdf)[26](https://www.gecina.fr/sites/default/files/2009-02-27_V5_Gecina_ResultatAnnuels2008_Presentation.pdf)[27](https://www.gecina.fr/sites/default/files/pdf_investisseur_en/20140226-2013_Reference_doc.pdf)[28](https://press.gecina.fr/news/firm-agreement-signed-to-sell-the-healthcare-portfolio-for-1-35-billion-euros-52c3f-343e9.html)[29](https://www.gecina.fr/sites/default/files/gecina_-_fy_2017_slides-vdef.pdf)[30](https://app.finbar.com/go?id=P131625888)[31](https://press.gecina.fr/news/gecina-renews-its-visual-identity-and-launches-youfirst-its-relational-brand-for-all-its-clients-5636-343e9.html)[32](https://www.gecina.fr/sites/default/files/2021-03/gecina-ri-2020-en_e-accessible.pdf)[25](https://www.gecina.fr/sites/default/files/2024-03/gecina_rapport_integre_2023_e-accessible.pdf)[26](https://www.gecina.fr/sites/default/files/2009-02-27_V5_Gecina_ResultatAnnuels2008_Presentation.pdf)[27](https://www.gecina.fr/sites/default/files/pdf_investisseur_en/20140226-2013_Reference_doc.pdf)[28](https://press.gecina.fr/news/firm-agreement-signed-to-sell-the-healthcare-portfolio-for-1-35-billion-euros-52c3f-343e9.html)[29](https://www.gecina.fr/sites/default/files/gecina_-_fy_2017_slides-vdef.pdf)[31](https://press.gecina.fr/news/gecina-renews-its-visual-identity-and-launches-youfirst-its-relational-brand-for-all-its-clients-5636-343e9.html)[32](https://www.gecina.fr/sites/default/files/2021-03/gecina-ri-2020-en_e-accessible.pdf)

## Sources

1. [GECINA — Press release (2026 Q 1), p4](https://app.finbar.com/go?id=P41034585)
2. [www.gecina.fr](https://www.gecina.fr/en/portfolio)
3. [www.gecina.fr](https://www.gecina.fr/en)
4. [www.gecina.fr](https://www.gecina.fr/en/group/our-mission)
5. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2026-08/gecina_integrated_report_ir_2025_e-accessible.pdf)
6. [GECINA — Full financial report (2025 H 1), p74](https://app.finbar.com/go?id=P52521626)
7. [www.gecina.fr](https://www.gecina.fr/en/youfirst)
8. [bureau.youfirst.co](https://bureau.youfirst.co/en/know-how)
9. [bureau.youfirst.co](https://bureau.youfirst.co/fr/savoir-faire/Bureaux-cles-en-main)
10. [press.gecina.fr](https://press.gecina.fr/news/gecina-enters-into-a-strategic-partnership-with-hqo-to-deploy-its-youfirst-bureau-brand-to-its-clients-efae-343e9.html)
11. [presse.gecina.fr](https://presse.gecina.fr/actualites/youfirst-campus-ouvre-une-nouvelle-residence-a-ivry-sur-seine-et-devoile-son-nouveau-site-internet-5502-b28e9.html)
12. [www.gecina.fr](https://www.gecina.fr/fr/exploiter)
13. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2026-02/10-02-2026_-_press_release_gecina_-_2025_earnings.pdf)
14. [GECINA — Press release (2026 Q 1), p4](https://app.finbar.com/go?id=P72630731)
15. [GECINA — Press release (2026 Q 1), p2](https://app.finbar.com/go?id=P54168325)
16. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2026-02/16-02-2026_-_press_release_gecina_-_accessing_2025_universal_registration_document.pdf)
17. [GECINA — Full financial report (2024 Y), p92](https://app.finbar.com/go?id=P117727141)
18. [GECINA — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=T13319517)
19. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2026-02/gecina_-_universal_registration_document_2025_1.pdf)
20. [www.marketscreener.com](https://www.marketscreener.com/news/gecina-consolidated-financial-statements-2025-ce7e51dfd18bf625)
21. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2026-02/gecina_-_2025_earnings_-_appendix_-_consolidated_financial_statements.pdf)
22. [GECINA — Full financial report (2024 Y), p232](https://app.finbar.com/go?id=T5142296)
23. [GECINA — Presentation (2024 Y), p43](https://app.finbar.com/go?id=T10354595)
24. [GECINA — Full financial report (2017 Y), p14](https://app.finbar.com/go?id=T15358707)
25. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2024-03/gecina_rapport_integre_2023_e-accessible.pdf)
26. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2009-02-27_V5_Gecina_ResultatAnnuels2008_Presentation.pdf)
27. [www.gecina.fr](https://www.gecina.fr/sites/default/files/pdf_investisseur_en/20140226-2013_Reference_doc.pdf)
28. [press.gecina.fr](https://press.gecina.fr/news/firm-agreement-signed-to-sell-the-healthcare-portfolio-for-1-35-billion-euros-52c3f-343e9.html)
29. [www.gecina.fr](https://www.gecina.fr/sites/default/files/gecina_-_fy_2017_slides-vdef.pdf)
30. [GECINA — Full financial report (2018 Y), p78](https://app.finbar.com/go?id=P131625888)
31. [press.gecina.fr](https://press.gecina.fr/news/gecina-renews-its-visual-identity-and-launches-youfirst-its-relational-brand-for-all-its-clients-5636-343e9.html)
32. [www.gecina.fr](https://www.gecina.fr/sites/default/files/2021-03/gecina-ri-2020-en_e-accessible.pdf)

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