Urban Mobility: Operational Launch of Gecina’s Shared Parking Service with the OPnGO Platform

Regulatory News:

After announcing its partnership in February, Gecina (Paris:GFC) is opening up 500 parking spaces across an initial selection of 15 buildings with the OPnGO app, an innovative technological solution supporting urban mobility and city parking.

With their smartphones, drivers can now book parking spaces in real time in 15 Gecina car parks serving neighborhoods with limited public parking facilities. Gecina has carried out work in the buildings concerned to set up signage so that reserved spaces can easily be located, while setting up Bluetooth door opening systems and securing public access points.

OPnGO is the first marketplace to bring together all the public and private parking spaces available, making it easy for drivers to find spaces at the best price and ensuring a fluid customer experience. This service enables drivers to save a significant amount of time and money, while increasing their comfort, by offering a fully electronic end-to-end experience, from car park entrances opening and closing automatically through to them receiving their bills by email.

By sharing unused spaces across its portfolio with drivers who are looking for parking, Gecina is highlighting its innovative approach for shared services in line with the needs of everyone involved. Users of the OPnGO app can choose between several different packages, including parking during the day and overnight, week days, weekends or monthly subscriptions with dedicated spaces for external users.

For Philippe Depoux, Gecina’s Chief Executive Officer: "Joining the OPnGO platform by making our parking spaces available represents a way to facilitate urban mobility and parking thanks to an agile technological solution. This is also a means of optimizing the use of our parking facilities and their value creation”. This partnership will be gradually ramped up to cover the 37 sites put forward by Gecina for this shared parking solution.

For Cyril Jessua, OPnGO’s Chief Executive Officer: "This partnership with Gecina will enable us to further expand our offering and open up access to parking spaces that were not previously available for the thousands of drivers who use our solution. This partnership, which will continue to develop, confirms our market-leading position in terms of the number of spaces available”.

Gecina, leading the market for urban office real estate

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. 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.

www.gecina.fr

OPnGO

Launched in June 2016, the OPnGO service, with a dedicated smartphone app (App Store and Google Play) and website (www.opngo.com), offers the first all-in-one digital parking solution: it simplifies parking for drivers by directing them to available spaces and enables them to compare prices for various car parks in real time. With its advance booking feature, it enables drivers to save up to 30% on their parking costs. Lastly, it combines increased comfort with time-saving features thanks to automatically opening car park barriers and mobile payments.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161206006571/en/