Icade : Quarter driven by the momentum of property development
>Q1 2022 revenue up +6% driven by property development - On Friday evening, Icade published consolidated revenue of € 390m for Q1 2022, up +6% at current scope driven by the sales momentum of property development and with a -1.3% change at constant scope for the property investment activities.Office property investment (57% of 2021 cash flow): growth at constant scope was -3.3%, in line with Icade’s forecasts due to the departure of 2 tenants from the Tour Eqho...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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