Icade (OTCMKTS:CDMGF) is a France-based real estate investment company specializing in the development, acquisition and management of commercial and healthcare properties. As a French REIT (SIIC), the company’s portfolio spans office buildings, business parks, logistics assets and medical facilities. Icade’s activities also encompass property development services, asset management and facilities operations designed to meet the needs of corporate tenants and healthcare operators.
Established in its current form in 2006 following the consolidation of real estate assets held by the Caisse des Dépôts et Consignations group, Icade was publicly listed on Euronext Paris in 2007. Since then, the company has pursued a strategy of selective growth across Europe, with its core markets in France supplemented by targeted investments in Germany. Its multi-specialist approach enables Icade to balance stable, long-term rental income from office and healthcare tenants with value-creation opportunities delivered through development projects.
Icade’s healthcare real estate division focuses on the design, financing and operation of senior living residences, rehabilitation clinics and medical office buildings. The commercial real estate arm develops and refurbishes office campuses and mixed-use schemes, often incorporating green building standards and sustainable urban planning principles. Through a combination of in-house development expertise and third-party asset management, the company seeks to optimize both occupancy levels and the total cost of ownership for its customers.
Majority-owned by Caisse des Dépôts et Consignations, Icade benefits from the backing of one of France’s leading long-term institutional investors. The company is governed by a board of directors responsible for strategic oversight and a dedicated management team charged with executing operational programs. Icade’s integrated platform aims to deliver resilient cash flows and capital appreciation by aligning its investment processes with evolving market needs and ESG best practices.
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