Report
Florent Laroche-Joubert

Icade : On track for streamlining growth beyond 2022

>Reassuring on offices, slowdown in healthcare and development - Icade published this morning consolidated revenues over 9M 22 of € 1,249m, up +2% y-o-y at current scope with a trend at +3.2% y-o-y and -0.5% at constant scope for rental income for property companies:Office property investment (52% CF H1 2022): same-scope growth in rental income came to -1.8% (vs. -3.5% over H1) due, as already pointed out in February, to the departure in 2021 of two tenants from ...
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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