Report
Florent Laroche-Joubert

Icade : Upside potential notably linked to healthcare real estate

>An H1 2021 performance that reassures on Icade’s capacity in office property and real estate development - The H1 2021 results published yesterday morning by Icade (net current cash flow (NCCF) / share +18% y-o-y and +9% vs H1 2019) reassured on the group’s capacity to exit it health crisis at the top:Office property - strong rental activity: Icade has let close to 110,000m2 to date in 2021; enabling the group to generate a positive balance in terms of entries/e...
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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