Edition:
India

Icade SA (ICAD.PA)

ICAD.PA on Paris Stock Exchange

42.96EUR
28 Oct 2020
Change (% chg)

-- (--)
Prev Close
€42.96
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
96,183
52-wk High
€106.00
52-wk Low
€42.02

Latest Key Developments (Source: Significant Developments)

Icade 9-Month Revenue Down At EUR 978 Mln, Eyes 2020 NCCF AT Around EUR 4.80/Shr
Thursday, 22 Oct 2020 

Oct 22 (Reuters) - Icade SA ::COVID-19 CRISIS HAS HAD A LOWER IMPACT THAN ESTIMATED IN JULY 2020 (C.-€30M VERSUS. C.-€50M IN JULY).2020 GROUP NCCF EXPECTED AT C. €4.80 PER SHARE.2020 DIVIDEND STABLE VERSUS. 2019 AT €4.0 PER SHARE, SUBJECT TO SHAREHOLDER APPROVAL AT THE GENERAL MEETING.9-MONTH CONSOLIDATED REVENUE EUR 978 MILLION VERSUS EUR 1.02 BILLION YEAR AGO.FINANCIAL OCCUPANCY RATE OF THE PORTFOLIO AS OF SEPTEMBER 30 REMAINED UNCHANGED AT 100%.95% OF THE NCCF SHORTFALL IN 2020 IS EXPECTED TO BE RECOVERED IN 2021 AND SUBSEQUENT YEARS.OPERATIONAL IMPACT OF THE HEALTH CRISIS ON THE OFFICE PROPERTY INVESTMENT DIVISION HAS BEEN LIMITED.ON COVID: ESTIMATED IMPACT ON 2020 NCCF WAS REVISED DOWNWARDS IN Q3 TO €6M. THIS NCCF SHORTFALL IS MAINLY DUE TO LETTINGS AND COMPLETIONS BEING PUSHED BACK.IMPACT OF THE CRISIS ON NCCF FROM PROPERTY DEVELOPMENT HAS BEEN REVISED DOWNWARDS SIGNIFICANTLY.  Full Article

Icade Sante: Successful Issue Of Its First Social Bond
Thursday, 10 Sep 2020 

Sept 10 (Reuters) - ICADE SA ::HAS TODAY ANNOUNCED THE SUCCESSFUL ISSUE OF ITS FIRST SOCIAL BOND, TOTALLING €600M AND MATURING IN 2030 WITH A FIXED COUPON OF 1.375%.FIRST SOCIAL BOND TOTALLING €600M AND MATURING IN 2030 WITH A FIXED COUPON OF 1.375%.PROCEEDS FROM THIS ISSUE WILL BE USED TO REFINANCE ACQUISITIONS OR PROJECTS RELATING TO EXISTING ASSETS LOCATED IN FRANCE.SETTLEMENT AND ADMISSION TO TRADING OF THE BONDS ON EURONEXT PARIS ARE SCHEDULED FOR SEPTEMBER 17, 2020.  Full Article

Icade Begins Construction On The First Multi-Service Elderly Care Hub In Val-D’Oise
Wednesday, 2 Sep 2020 

Sept 2 (Reuters) - Icade SA ::CAISSE DES DÉPÔTS GROUP, ARPAVIE, CDC HABITAT AND ICADE BEGIN CONSTRUCTION ON THE FIRST MULTI-SERVICE ELDERLY CARE HUB IN THE PARIS REGION, IN VILLIERS-LE-BEL (VAL-D’OISE).THIS ELDERLY CARE HUB IS SCHEDULED FOR COMPLETION IN H1 2022..  Full Article

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