Icade : Q1 revenue buoyed by real estate development underpinning guidance for 2021
>Real estate investment resilient but down slightly in office property as anticipated following a market effect - On Friday evening, Icade published consolidated revenue of € 392.5m for Q1 2021, up sharply at current scope (+44% y-o-y, +30% vs Q1 2020) and with -1.1% change at constant scope for the real estate investment activities. This quarterly performance broadly reflects 1/ a slight deterioration in the occupancy rate as anticipated in office investment wit...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.
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.
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