Added to YB: 2025-10-27
Pitch date: 2025-10-23
ICAD.PA [neutral]
Icade
-3.17%
current return
Author Info
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Company Info
Icade is a real estate player that strives to make cities more pleasant places to live for everyone. Icade combines expertise in property investment (portfolio worth 6.
Market Cap
EUR 1.6B
Pitch Price
EUR 19.86
Price Target
N/A
Dividend
9.12%
EV/EBITDA
17.66
P/E
N/A
EV/Sales
3.83
Sector
Diversified REITs
Category
N/A
Icade (ICAD France): Disposals progress, but fundamentals remain fragile
ICAD.PA (quick overview): Q3 revenue -9% YOY amid weak property cycle. KPMG lease renewal at La Défense Eqho Tower key positive. Occupancy up to 84%, €400M+ asset disposals YTD validate book values. Residential development strained post-Pinel scheme end. Mgmt reaffirmed NCCF guidance but cautious on 2024.
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