Turnover: 1.52 billion EUR (2019)
Country: France
Founded in 1954, the French company Icade is a specialist in real estate development.
Its activities cover both residential and commercial real estate. Icade has 18 offices throughout France.
Icade is seeking to develop digitally, which has resulted in a broad plan to train its employees in digital tools (70% of employees in 2016). The company also makes innovation accessible to its employees through the Hub Icade.
News
Real estate: Icade to convert part of its offices 19/02/2024
- - In 2023, Icade booked almost 5,300 housing reservations, down 12.6% on 2022.
- - Block sales to institutional investors and social landlords accounted for over 60% of the total, or around 3,600 lots.
- - Icade was able to maintain its sales in property development at nearly 1.3 billion euros.
- - Icade signed leases for 243,000 square meters of office and business space - for a total portfolio of 1.8 million m2, up 20% on 2022.
- - Rental income amounted to 364 million euros (+2.2% on a like-for-like basis).
- - The valuation of Icade's portfolio has been revised downwards by 17.5% compared with the end of 2022, to 6.5 billion - including 5.3 billion in offices.
- - Icade plans to diversify further, targeting business premises, student residences and data centers as a priority.
- - Icade has begun to withdraw from clinics and nursing homes, and has already recouped 1.45 billion euros
Real estate: Icade to review its office portfolio 25/07/2023
- Three-quarters of Icade's office assets are adapted to address issues of centrality, flexibility and the environment
- The sale of around two-thirds of its healthcare real estate assets to Primonial REIM raised Icade around 1.4 billion euros
Icade sells its residential portfolio 02/06/2023
- Value of residential portfolio sold to RLF: 40 million euros
- Total value of residual residential portfolio: 50 million euros
Real estate: Primonial ready to buy a large stake in Icade Santé 14/03/2023
- Valuation of the Icade Santé company: 2.6 billion euros
- Value of Icade Healthcare Europe's portfolio of assets: 850 million
Financial Data
DUNS: 582074944
Legal Name: ICADE
Address: 27 RUE CAMILLE DESMOULINS , 92130 ISSY-LES-MOULINEAUX
Number of employees: 1181 (2020)
Capital: 113 613 795 EUR
Financial Data:
| Year | Turnover (€) | Net Profit (€) | Fiscal Year End | Fiscal Year Duration |
|---|---|---|---|---|
| 2018 | 298 355 000 EUR | 185 833 000 EUR | 31/12/2018 | 12 |
| 2017 | 284 242 000 EUR | 128 616 000 EUR | 31/12/2017 | 12 |
Studies mentioning this company
The real estate development market - France
Other companies mentioned:
- Bouygues Immobilier
- Vinci Immobilier
- Eiffage Groupe
- Nacarat (Groupe Robot Dutilleul)
- Nexity
- Altarea Cogedim
- Icade
- Kaufman & Broad
- Pichet groupe
- Les Nouveaux Constructeurs Bassac
- AST Groupe
- Sogeprom
- BNP Paribas Real Estate France
- Marignan
- Lazard Group Real Estate
- Réalités Promotion
- Sopic
- Compagnie de Phalsbourg
- Frey
- Duval Groupe
- Groupama Immobilier
- Unibail-Rodamco-Westfield
- Arche groupe Immobilier
- Socri
- CEETRUS Auchan
- SCC
- CDC Habitat
- Constructa
- Spirit Immobilier
- Apsys
- KS Groupe
The office property market - France
Other companies mentioned:
- Icade
- Nexity
- BNP Paribas Real Estate France
- Altarea Cogedim
- Vinci Immobilier
- Bouygues Immobilier
- CBRE
- JLL Jones Lang Lasalle
- WeWork
- IWG Regus (International Workspace group)
- Cushman & Wakefield
- Arthur Loyd
- Arthur Loyd
- Batipart
- Bureaux Locaux
- Ivanhoé Cambridge
- NCT immo
- SFL Foncière Lyonnaise
- GSE Groupe
The shopping centre market - France
Other companies mentioned:
- Unibail-Rodamco-Westfield
- Klépierre Groupe
- Westfield Les quatre temps
- La Part Dieu (Unibail Espace expansion)
- Marques Avenue
- SCC
- Sopic
- Compagnie de Phalsbourg
- Frey
- Groupama Immobilier
- Mercialys
- Franprix (Groupe Casino)
- Scaprim
- Socri
- Icade
- Foncière Euris
- Redevco
- Kléber Retail Real Estate
- CEETRUS Auchan