Icade : Trajectory in line with our expectations and the 2019-2022 business plan
>2019 guidance reiterated for NCCF / share - Icade’s consolidated revenue for 9M 2019 came out in line with our forecasts at €1.02bn (vs. €1.17bn in 9M 2018). Rental income for the Office and Healthcare Investment divisions amounted to €473.4m, with like-for-like growth rates of respectively +1.7% and +2.6%. The occupancy rate improved very slightly by +0.1% vs. end-June to 91.9%. As regards the group’s 3rd business line, i.e. property development, the revenue r...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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