Icade

Overview

Icade is a prominent French real estate investment company specializing in property development and investment. It operates across various sectors, including healthcare, offices, business parks, housing, and public facilities, making it one of the largest property businesses in France. The company is listed as a Société d'Investissement Immobilier Cotée (SIIC) on Euronext Paris, with the Caisse des Dépôts group as its leading shareholder. Icade's investment strategy focuses on sustainable urban development, aiming to create cities that are more respectful of nature and aligned with modern lifestyles. The company engages in both property investment and development, with a portfolio worth €6.2 billion as of June 30, 2025, and economic revenue of €1.2 billion in 2024. Its activities include the acquisition and management of office buildings, business parks, healthcare facilities, and residential properties, primarily in the Île-de-France region and major French cities. The company's philosophy centers on innovation and corporate social responsibility, striving to reinvent the real estate business and contribute to the emergence of greener, smarter, and more responsible cities. Icade's commitment to these principles is evident in its long-term partnerships and projects that address emerging trends in the industry, such as climate change and urbanization. The company continues to focus on portfolio optimization through selective disposals while maintaining its full-year guidance, even amid challenging market conditions.

Investment Focus

• Sustainable development projects
• Urban regeneration initiatives
• High-quality real estate assets