Gecina (GECFF) Q4 2025 Earnings Call Transcript
Gecina (GECFF) Q4 2025 Earnings Call February 11, 2026 4:00 AM EST
Company Participants
Benat Ortega – CEO & Director
Nicolas Broband – Director of Financial Communication & Investor Relations
Nicolas Dutreuil – Deputy Chief Executive Officer in Charge of Finance
Conference Call Participants
Veronique Meertens – Kempen & Co
Florent Laroche-Joubert – ODDO BHF Corporate & Markets, Research Division
Jonathan Kownator – Goldman Sachs Group, Inc., Research Division
Stephanie Dossmann – Jefferies LLC, Research Division
Neil Green – JPMorgan Chase & Co, Research Division
Callum Marley
Michael Finn – Green Street Advisors, LLC, Research Division
Celine Huynh – Barclays Bank PLC, Research Division
Paul Reuge
Marc Louis Mozzi – BofA Securities, Research Division
Presentation
Operator
Hello, and welcome to Gecina 2025 Full Year Earnings Conference Call. [Operator Instructions] Today, we have Benat Ortega, CEO; and Nicolas Dutreuil, Deputy CEO in charge of Finance as our presenters. I will now hand you over to your host, Benat Ortega, to begin today’s conference. Thank you.
Benat Ortega
CEO & Director
Good morning, everyone. It’s a pleasure to be with you to share our results for 2025 with a clear outperformance in terms of operational excellence and agile and proactive investment activity. I won’t dive into the details just now, but the message behind these highlights is simple. In a long-term industry like real estate, we’ve been demonstrating our ability to grow steadily, constantly and meaningfully over time. As we may see through our results, Gecina is not a pure proxy for the Paris region office market. Our differentiation lies in the products we deliver designed for today’s needs and built to anticipate tomorrow’s. This is how we keep our portfolio, firmly positioned in a segment where true quality is scarce and demand remains solid. The situation regarding office attendance was stronger in Paris than other cities following COVID and current trends shows that the return to the office is even more real now.
