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Icade

Logistics 24/09/2020

Icade and Segro to deliver a logistics and offices hub in Central Paris

After their Reprendre Racines project was chosen by SNCF and the City of Paris as part of the Reinventing Paris 2 competition, Icade and (...)

Career 14/09/2020

Valérie Bensiek to head Icade Santé’s asset management in Germany

Valérie Bensiek has joined Icade as Head of Asset Management in Germany for its healthcare property investment division, Icade Santé. Based in Frankfurt, she (...)

Listed 11/09/2020

Icade Santé issues its first social bond at €600m

Less than a year after launching its inaugural bond, Icade Santé, a part of the French REIT/SIIC, has announced the successful issue of its first social (...)

Listed 21/07/2020

Icade expects Covid-19 impact on NCCF to range between €45m and €55m

French REIT/SIIC Icade’s net profit attributable to the group totaled €5m for H1 2020, s significant drop from the €47m recorded in H1 2019. (...)

Health / Senior 21/07/2020

Icade buys 9 German and French healthcare facilities for €145m, sells 1,091 housing units for €208m

French REIT/SIIC Icade annouced this morning two significant transactions: the acquisition from Orpea of nine nursing homes in Germany and France for €145m and (...)

Finance 18/06/2020

Icade signs a €150m solidarity-based revolving credit line

French REIT/SIIC Icade has announced the signing of a five-year €150m solidarity-based revolving credit line with banking groups Crédit Agricole CIB and Crédit Agricole (...)

Hospitality 17/06/2020

Icade and easyHotel sign an off-plan lease for a 180-room hotel near Paris

Icade and easyHotel have signed an off-plan lease for a term of 12 years with no break option for a 180-room hotel covering 4,000 (...)

Listed 22/04/2020

France's Icade signs green RCF for €300m

French REIT/SIIC Icade signed on 21 April a new seven-year green RCF for €300m, replacing lines maturing in 2020 for a total of €290m. “Despite (...)

Retail 17/04/2020

French government urges landlords to cancel 3 months' rent for closed small shops

The French government is asking large property owners to suspend for three months the collection of rents owed the rents owed by very small (...)

Listed 02/04/2020

French REIT/SIIC Icade lowers its 2019 dividend

In response to the French government’s urging last week, French REIT/SIIC Icade’s Board of Directors decided to lower the 2019 dividend amount that will (...)

Listed 10/03/2020

Paris-based Frey continues to upgrade its portfolio

Those who predict the death of physical retail probably haven't heard of French retail-focused REIT/SIIC Frey. With triple net EPRA NAV to €778.6m (+29%), (...)

Listed 13/01/2020

"Icade benefits from the full implementation of its 2019-2022 strategic plan."

French REIT/SIIC Icade is one of the best performing real estate company on the stock market: +55% in 2019, dividends reinvested. Before the presentation (...)

Health / Senior 20/12/2019

Icade's healthcare unit completes €315m acquisitions in France, Germany, Italy

The healthcare unit of French REIT/SIIC Icade has completed acquisitions in its home market, and in Germany and Italy worth a total €315m to (...)

Office 11/12/2019

[REPORTAGE] What is it that makes investors run to La Défense?

Often considered too cold, too mineral or even too mono-functional, La Défense is the object of all desires. Investors - led by South Koreans (...)

Health / Senior 25/11/2019

Icade's 59%-owned healthcare unit pays €266m for 19 German elderly homes

Icade Healthcare Europe, 59% owned by the Paris-based REIT/SIIC Icade, is paying €266m to acquire a portfolio of 19 assets of German elderly nursing (...)

Health / Senior 18/11/2019

French REIT Icade buys Nantes Confluent hospital valued at €194m

Icade Santé, part of the French REIT/SIIC, has agreed with private Vivalto Santé to acquire the Confluent Group which owns the Confluent private hospital (...)

Finance 08/10/2019

Swiss Life Asset Managers grows European real estate portfolio to €86bn

Swiss Life Asset Managers, part of the Zurich-based insurer, continues to grow its real estate portfolio, holding €86.5bn, 6.8% or €5.5bn more than at (...)

Office 02/08/2019

Korea's NH, France's L'Étoile buy into La Défense Eqho for €370m - BI sources

Korean investment group NH, represented by Paris private firm L'Étoile Properties, has taken a 49% stake in the La Défense Eqho Tower, paying €370m, according to BI sources. The (...)

Office 24/07/2019

France's Icade adds office in Paris-Gennevilliers at €123m value

French REIT/SIIC Icade has signed to acquire the Pointe Métro 1 office complex in Gennevilliers, a northwestern Paris suburb, by way of a share deal at an (...)

Listed 22/07/2019

French Icade's 1H net surges to €47m; EPRA NAV up to €92.3 shr

Attributable net profit at French REIT/SIIC Icade surged 73% to €47m in the first half, with EPRA NAV up 2.7% at €92.3 per share. The group confirmed its (...)