Report
Florent Laroche-Joubert

Icade : Frankfurt road show: momentum in strategic priorities and attractive dividend yield

>Road show in Frankfurt: medium-term momentum in commercial real estate, healthcare assets and property development - At the end of last week, we went on a road show in Frankfurt with Icade’s CEO and the VP of Icade Santé. The CEO confirmed the previously announced targets for the group: 1/ stable net current cash flow per share in 2019 excluding opportunistic disposals, which will be carried out during the year; and 2/ weighted average growth in net current cash flow...
Underlying
Icade SA

Icade is a property developer/real estate investment trust (REIT). Co. offers its clients and business partners a range of complementary products and expertise in the development, design, contracting, marketing, and administrative and technical management of their properties. Co.'s activities are segmented into three divisions: Property Investment, Property Development, and Services. Property Investment focuses especially energy, water, waste and carbon comprises significant properties; Property Development targets properties and operations whose service orders were launched during the year, and Services division manages office buildings and housing units on behalf of third parties.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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