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Icade SA (ICAD.PA)

ICAD.PA on Paris Stock Exchange

55.60EUR
3 Aug 2020
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Latest Key Developments (Source: Significant Developments)

Icade Promotion sells 1,091 homes off-plan to CDC Habitat for 208 mln euros
Tuesday, 21 Jul 2020 

July 21 (Reuters) - Icade SA ::ICADE PROMOTION SELLS 1,091 HOMES OFF PLAN TO CDC HABITAT FOR €208 MILLION.ICADE PROMOTION AND CDC HABITAT HAVE SIGNED AN AGREEMENT FOR THE OFF-PLAN SALE OF 1,091 HOUSING UNITS IN FRANCE.ICADE: AGREEMENT REPRESENTS REVENUE OF OVER €208 MILLION AND WILL CONTRIBUTE SIGNIFICANTLY TO THE ACHIEVEMENT OF ICADE PROMOTION’S ANNUAL ORDER TARGETS.  Full Article

Icade Wins Two Contracts For Healthcare And Public Infrastructure Projects
Thursday, 18 Jun 2020 

June 18 (Reuters) - Icade SA ::FOR RENNES UNIVERSITY HOSPITAL: COST OF WORKS TOTALS AROUND EUR 155 MILLION (EXCLUDING TAXES) .ICADE AWARDED TWO MAJOR CONTRACTS FOR HEALTHCARE AND PUBLIC INFRASTRUCTURE PROJECTS IN RENNES AND PARIS.WITH RENNES UNIVERSITY HOSPITAL FOR CONSTRUCTION OF OVER 50,000 SQ.M OF MEDICAL SPACE.WITH UNESCO, FOR THE COMPLETE OVERHAUL OF A 16,000-SQ.M BUILDING DESIGNED BY JEAN PROUVÉ AND BERNARD ZEHRFUSS.FOR UNESCO : CONSTRUCTION IS SCHEDULED TO START IN MAY 2021.FOR RENNES UNIVERSITY : IT IS SCHEDULED FOR COMPLETION BY EARLY 2024.FOR UNESCO: COST OF WORKS TOTALS AROUND €30M (EXCLUDING TAXES).  Full Article

Icade Pre-Lets Over 6,600 Sq.M In Park View Building
Friday, 12 Jun 2020 

June 12 (Reuters) - ICADE SA ::ICADE PRE-LETS OVER 6,600 SQ.M IN THE PARK VIEW BUILDING IN VILLEURBANNE (RHÔNE) TO THREE MAJOR COMPANIES.PARK VIEW SCHEDULED FOR COMPLETION IN OCTOBER 2020.  Full Article

Icade Signs A Lease With France Télévisions In Le Ponant
Wednesday, 27 May 2020 

May 27 (Reuters) - ICADE SA ::ICADE SIGNS A LEASE WITH FRANCE TÉLÉVISIONS FOR SPACE IN LE PONANT.THE LEASE, WHICH IS EFFECTIVE IMMEDIATELY, HAS THE SAME TERMS AS THE ONE WHICH WAS RENEWED.  Full Article

Icade Signs Lease With Action Logement In Marseille
Friday, 3 Apr 2020 

April 3 (Reuters) - ICADE SA ::ICADE SIGNS A LEASE WITH ACTION LOGEMENT FOR 2,274 SQ.M OF OFFICE SPACE IN THE EKO ACTIVE BUILDING IN MARSEILLE.THIS LEASE BRINGS THE OCCUPANCY RATE AT THE BUILDING —ALREADY PARTLY LEASED TO THE AIX-MARSEILLE-PROVENCE METROPOLIS— TO 63%.LEASE TOOK EFFECT ON MARCH 31, 2020, AND HAS A NINE-YEAR TERM WITH NO BREAK OPTION.  Full Article

Icade Santé Completes EUR 500 Million 10-Year Bond Issue
Friday, 25 Oct 2019 

Oct 25 (Reuters) - Icade SA ::ICADE SANTÉ SUCCESSFULLY COMPLETES ITS INAUGURAL BOND ISSUE.THE SETTLEMENT AND ADMISSION TO TRADING OF THE BONDS ON EURONEXT PARIS ARE SCHEDULED FOR NOVEMBER 4, 2019..SUCCESSFULLY LAUNCHED ITS FIRST BOND ISSUE, WITH A BENCHMARK SIZE OF €500 MILLION, MATURING IN 2029.COUPON OF 0.875%.  Full Article

Icade 9-Month Revenue Down At 1.02 Billion Euros
Thursday, 17 Oct 2019 

Oct 17 (Reuters) - ICADE SA ::2019 GUIDANCE CONFIRMED.9-MONTH CONSOLIDATED REVENUE EUR 1.02 BILLION VERSUS EUR 1.18 BILLION YEAR AGO.2019 DIVIDEND: C.+4.5%.  Full Article

Icade Sells 49% Of The Eqho Tower For 365 Million Euros
Monday, 30 Sep 2019 

Sept 30 (Reuters) - ICADE SA ::SALE OF 49% OF THE EQHO TOWER FOR €365M.ACQUISITION OF THE “POINTE MÉTRO 1” COMPLEX FOR €123M.  Full Article

Icade To Reconfigure The Unapei Site In Marseille
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Icade SA ::ICADE’S PROJECT CHOSEN TO RECONFIGURE THE UNAPEI SITE IN MARSEILLE.CONSTRUCTION IS SCHEDULED TO START IN 2020, WITH COMPLETION OF THE PROJECT EXPECTED IN H2 2022.THIS PROJECT DESIGNED IN PARTNERSHIP WITH CDC HABITAT, ADOMA AND BANQUE DES TERRITOIRES INVOLVES THE CONSTRUCTION OF A NEARLY 12,600-SQ.M COMPLEX.  Full Article

Icade H1 Net Result Attributable To Group Up At EUR 47 Mln
Sunday, 21 Jul 2019 

July 22 (Reuters) - Icade SA ::H1 NET RESULT ATTRIBUTABLE TO THE GROUP EUR 47.0 MILLION VERSUS EUR 27.1 MILLION YEAR AGO.H1 REVENUE EUR 678.5 MILLION VERSUS EUR 782.6 MILLION YEAR AGO.H1 OPERATING RESULT EUR 136.6 MILLION VERSUS EUR 118.6 MILLION YEAR AGO.END-JUNE TOTAL VALUE OF PORTFOLIO (GROUP SHARE) OF EUR 11.7 BILLION , UP 3.7% VERSUS END 2018.OUTLOOK 2019: GUIDANCE CONFIRMED.END-JUNE NET CURRENT CASH FLOW PER SHARE AT EUR 2.36, UP 4.5% YOY.END-JUNE EPRA TRIPLE NET ASSET VALUE PER SHARE AT EUR 89.3, DOWN 0.5% VERSUS END-DEC.EUR 2.0 BILLION DEVELOPMENT PIPELINE WITH POTENTIAL ESTIMATED VALUE CREATION OF EUR 0.5 BILLION.PLANS TO SELL SOME CORE ASSETS BY END-YEAR TO INVEST INTO OFFICE DEVELOPMENT PIPELINE - CEO.  Full Article

BRIEF-Icade Suspends 2020 Guidance

* END-MARCH PROPERTY DEVELOPMENT REVENUE AT €101M, DOWN -32% AS OVER 90% OF CONSTRUCTION PROJECTS HAVE BEEN HALTED