Gecina Nom. (GFC)

Gecina is a French real .investment trust (SIIC).

Gecina owns, manages and develops property holdings worth €11.6 billion at June 30, 2012, with 86% located in the Paris region. This real estate company's business is built around an economic division, including France's largest office portfolio, and a demographic division, with residential assets, student residences and healthcare facilities. 

As a Société d’Investissements Immobiliers Cotée (SIIC) since 2003, Gecina chose this taxation system, which exempts eligible revenues from property companies listed on the Paris Stock Exchanges from taxation on profits and capital gains in exchange for the obligation to distribute 85% of net rental income, 100% of distributions received from subsidiaries that have opted for this taxation system, and 50% of capital gains over the following tow years.