Report
Florent Laroche-Joubert

Icade : Growth momentum based around office and healthcare property investment

>Two growth drivers for the 2019-2022 strategic plan - Besides presenting the H1 2019 operating performance (net current cash flow (NCCF)/share up +4.5% y1eo1ey), more importantly Icade’s management showed in the first-half earnings report that they are now fully focused on delivering on the 2019-2022 strategic plan:Asset rotation in progress in office property investment: After the announcement in June of the sale of Crystal Park in Neuilly-sur-Seine for € 691m, t...
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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