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.
  • TickerICAD
  • ISINFR0000035081
  • ExchangeEuronext Paris
  • SectorReal Estate Investment Trusts
  • CountryFrance

Analysts

Bruno Cavalier ...
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Roland Pfaender
  • Steven Gould
  • Sylvain Goyon

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/08/2019

...

Emmanuel Matot ...
  • Florent Laroche-Joubert
  • Jerôme Bodin
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby
  • Sylvain Goyon

ODDO BHF Small & MIDCAP MORNING NEWS - 07/08/2019

...

Florent Laroche-Joubert

ODDO : The positive momentum on office real estate in the Greater Paris region continues in Q2 2019

>A quarter in line with Q1 2019, with the scarcity of supply slowing uptake - Immostat has published its statistics for Q2 2019 for the office real estate market in the Greater Paris region. These data reflect favourable momentum in the market.Increasing scarcity of immediately available supply: The supply of immediately available floor space maintained its downtrend with only 2.9 million m2 in Q2 2019 (-2.5% q-o-q and -6.5% y-o-y). Specifically, the scarcity of ...

Emmanuel Matot ...
  • Florent Laroche-Joubert
  • Jerôme Bodin
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby
  • Sylvain Goyon

ODDO BHF Small & MIDCAP MORNING NEWS - 08/07/2019

...

Bruno Cavalier ...
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Roland Pfaender
  • Steven Gould
  • Sylvain Goyon

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/07/2019

...

Florent Laroche-Joubert

ODDO : The positive momentum on office real estate in the Greater Paris region continues in Q2 2019

>A quarter in line with Q1 2019, with the scarcity of supply slowing uptake - Immostat has published its statistics for Q2 2019 for the office real estate market in the Greater Paris region. These data reflect favourable momentum in the market.Increasing scarcity of immediately available supply: The supply of immediately available floor space maintained its downtrend with only 2.9 million m2 in Q2 2019 (-2.5% q-o-q and -6.5% y-o-y). Specifically, the scarcity of ...

Florent Laroche-Joubert

ODDO : La bonne dynamique du marché des bureaux en IDF se poursuit au T2 2019

>Un trimestre dans la lignée du T1 2019 avec une rareté de l’offre qui ralentit la demande placée - Immostat a publié ses statistiques du T2 2019 sur l’immobilier de bureaux en Ile de France. Celles-ci reflètent une bonne dynamique du marché.Une offre immédiate qui se raréfie davantage : l’offre des surfaces immédiatement disponibles maintient sa tendance à la baisse avec seulement 2,9 millions de m2 au T2 2019 (-2.5% qoq & -6.5% yoy). En particulier, la rareté d...

Benoît Faure-Jarrosson ...
  • Bruno Duclos
  • Vladimir Minot

INVEST SECURITIES - ICADE : Cristallisation de valeur par accélération des cessions - ACHAT, OC 81,5€ (vs 81€)

Florent Laroche-Joubert

Icade : Guarantees regarding the implementation of the 2019-2022 strategy plan

>A major disposal for € 691m... - Icade signed a pre-sale agreement for € 691m on 5 June 2019 with a top-tier South Korean investor for the Crystal Park building (44,000 m2) in Neuilly- sur-Seine (Western Crescent in the Ile de France region). The asset is fully occupied by 4 reference tenants (including PWC) and the sale should take place at the end of July 2019 after the usual conditions precedent are lifted. The deal was reportedly carried out in line with market p...

Florent Laroche-Joubert

Icade : Des gages donnés dans la réalisation du plan stratégique 2019/2022

>Une cession significative pour 691 M€... - Icade a signé´ une promesse de vente pour 691 M€ le 5 juin 2019 avec un investisseur sud-core´en de 1er rang sur l’immeuble Crystal Park (44 000 m2) qui se situe a` Neuilly- sur-Seine (Croissant Ouest en Ile de France). Cet actif est occupé´ a` 100% par 4 locataires de re´fe´rence (dont PWC) et la cession doit intervenir fin juillet 2019 après la levée des conditions suspensives usuelles. Cette transaction aurait été réalisé...

1 director bought

A director at Icade bought 17,373 shares at 80.627EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board membe...

Bruno Cavalier ...
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Roland Pfaender
  • Steven Gould
  • Sylvain Goyon

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/08/2019

...

Emmanuel Matot ...
  • Florent Laroche-Joubert
  • Jerôme Bodin
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby
  • Sylvain Goyon

ODDO BHF Small & MIDCAP MORNING NEWS - 07/08/2019

...

Emmanuel Matot ...
  • Florent Laroche-Joubert
  • Jerôme Bodin
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby
  • Sylvain Goyon

ODDO BHF Small & MIDCAP MORNING NEWS - 08/07/2019

...

Bruno Cavalier ...
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Roland Pfaender
  • Steven Gould
  • Sylvain Goyon

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/07/2019

...

Benoit Valleaux ...
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Jean Sassus
  • Olivier Lebrun
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/07/2019

...

ICADE sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of ICADE (FR), a company active in the Real Estate Investment Trusts industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date April 30, 2019, the closing price was EUR 76.20 and its potential was estimated at EUR 83.07.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Carole Braudeau

Accor : Credit Feedback – Oddo BHF Forum 10 and 11 January

Our annual Forum in Lyon brought together 263 companies, including 41% of foreign companies, nearly 545 investors (33% foreigners), almost 6,500 one-to-one meetings. - This document gathers a brief feedback from the bond issuers and CB underlying companies in attendance. - - - - >Investment Grade - Accorhotels, Aéroports de Paris, Arkema, Buzzi Unicem, Carmila, Coface, Easyjet, Edenred, Fresenius Medical Care, Grand City Properties, Icade, JCDecaux, Klépierre, Lanxess, MT...

Carole Braudeau

Accor : Feedback Crédit Forum des 10 et 11 janvier 2019

Notre Forum annuel Oddo BHF 2019 vient de se dérouler à Lyon : il a réuni 263 sociétés, dont 41% étrangères, près de 545 investisseurs (33% étrangers), soit près de 6 500 one-to-one. - Ce document synthétise nos feed-back concernant les émetteurs obligataires présents et sous-jacents d’obligations convertibles. - - - >Investment Grade - Accorhotels, Aéroports de Paris, Arkema, Buzzi Unicem, Carmila, Coface, Easyjet, Edenred, Fresenius Medical Care, Grand City Properties,...

MarketLine Department

Klepierre SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Klepierre SA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Klepierre SA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlight...

Jehanne Leroy

Icade 24 Avril 2019

GouvernanceCrédit Agricole Assurances ("CAA") et la CDC semblent avoir réussi à trouver un compromis quant à leurs représentations respectives au conseil et à la composition de celui-ci. Il est ainsi proposé en résolution 9 de nommer Emmanuel Chabas (Crédit Agricole Assurances) comme 2e représentant de CAA au conseil, et Frédéric Thomas, Directeur Général de CAA sera le nouveau Président du Conseil, en remplacement d’André Martinez. Ainsi, avec 2 sièges au conseil et une détention de 18,4% du capital, CAA ne sera pas en surreprésentation. Cependant, la CDC détient 8 sièges au conseil (53% du c...

Icade - Assemblée générale des actionnaires du 24 avril 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Icade – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Jehanne Leroy

Proxy Report 29/06/2018

In 2017, Icade bought Eurazeo and Caisse d’Epargne CEPAC's stakes in ANF Immobilier then launched a simplified takeover offer. On February 12, 2018, both companies announced the merger of ANF Immobilier into Icade. This EGM aims to approve this merger. Parity ratio (3 Icade's shares for 11 ANF's shares) presents a slight discount compared to companies' share price; however it remains acceptable. Moreover, this merger seems to strategically benefit to Icade's shareholders and no significant negative impact on Icade's shareholding or governance has been identified.

Jehanne Leroy

Proxy Report 29/06/2018

En 2017, Icade a racheté les participations d'Eurazeo et Caisse d’Epargne CEPAC dans ANF Immobilier puis a lancé une Offre Publique d’Achat Simplifiée. Le 12 février 2018, les 2 sociétés ont annoncé leur projet de fusion-absorption d’ANF Immobilier par Icade avec une parité de 3 actions Icade pour 11 actions ANF Immobilier. La présente assemblée a pour but d'approuver cette fusion. La fusion-absoption d’ANF Immobilier par Icade semble totalement logique pour les actionnaires d’Icade. Elle permet de consolider son portefeuille de bureaux à un prix raisonnable puisque la prime de contrôle induit...

Valérie GASTALDY

Short term view - ICADE : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €72.27. The background trend would be questioned should prices rise above €77.20.

Valérie GASTALDY

Analyse court terme - ICADE : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 72,27 €. La tendance de fond serait remise en cause en cas de franchissement de 77,20 €.

Valérie GASTALDY

Analyse court terme - ICADE : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 72,27 €. La tendance de fond serait remise en cause en cas de franchissement de 77,20 €.

Valérie GASTALDY

Short term view - ICADE : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €72.27. The background trend would be questioned should prices rise above €77.20.

Valérie GASTALDY

Analyse moyen terme - ICADE : La correction gagne en vigueur.

La tendance de fond est clairement orientée à la hausse. La correction en cours gagne en vigueur. Il est trop tôt pour parler de retournement baissier. La tendance serait invalidée sous le support à 72,20 €.

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