Icade SA (0K4O)

Overview

Icade is a premier real estate company based in France, specializing in commercial property investments and property development. With a commercial portfolio valued at €6.8 billion on a full consolidation basis as of December 31, 2023, and economic revenue from property development reaching €1.3 billion in 2023, Icade stands as a significant player in the French real estate market. The company is known for its forward-thinking approach, establishing long-term partnerships to stay ahead of industry trends. Emphasizing the importance of addressing climate issues and preserving biodiversity, Icade incorporates these concerns into its business model, aiming to drive the transformation of real estate towards creating more sustainable urban environments. A publicly traded company, Icade is listed under the "SIIC" status on Euronext Paris, with its primary shareholder being the Caisse des Dépôts group, highlighting its solid financial foundation and strategic partnerships.

Products and Services

• Commercial Property Investment

Icade's commercial property investment segment focuses on acquiring, managing, and optimizing a diverse portfolio of commercial real estate assets across France. With a portfolio worth approximately €6.8 billion, the company has established itself as a major investor in the commercial property market, emphasizing long-term value creation and sustainability in its investment strategy.

• Property Development

The property development arm of Icade is dedicated to designing, developing, and marketing various types of real estate projects, including residential, office, and mixed-use developments. In 2023, the company reported economic revenue of €1.3 billion from its development activities, underscoring its effective approach to meeting market demands while prioritizing sustainability and innovation in its projects.