ICADE PARK VIEW
Villeurbanne, Rhône
INVESTOR
PRESENTATION
MAY 2021
DESIGNING, BUILDING, MANAGING AND INVESTING
in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected with a reduced carbon footprint. Desirable places to live and work.
This is our ambition. This is our goal.
This is our Purpose.
AGENDA
Icade at a Glance
- 2020: Resilient results, solid business lines and balance sheet
- 2021 update
-
Credit Highlights
Appendices
INVESTOR PRESENTATION | 2 |
MAY 2021 |
ICADE AT A GLANCE
ONE OF THE LEADING FRENCH LISTED REITS
OFFICE INVESTMENT: Icade, the leading real estate player in Greater Paris
- Portfolio as of 12/31/2020: €9.0bn (100%)
- Average net initial yield (1): 5.7%
- Development pipeline: €1.5bn (representing nearly 210,000 sq.m)
- Situated mainly in the Paris region, close to major Greater Paris stations
- 877,000-sq.m land bank
QUAI 8.2, ÎLOT BC
Bordeaux, Gironde
As of 12/31/2020
€14.7bn property portfolio
€11.8bn property portfolio excl. duties, Group share
Healthcare
Investment
28%
Office
Investment
LE PARC POLYCLINIC (extension works) Caen, Calvados
HEALTHCARE INVESTMENT: Icade, the leading player in France
- French and international portfolio as of 12/31/2020: €5.7bn (100%) - 58.3% owned by Icade
- Average net initial yield (1): 5.3%
- Development pipeline: €0.45bn, deliveries up to 2024, 100% pre-let
- 175 healthcare facilities at the end of December:
- 92% in France, 8% in Europe (Italy and Germany)
- 86% short-term care facilities, 14% nursing home facilities
72%
Icade shareholding structure
Crédit Agricole | Free float (2) |
Assurances Group | 42% |
19% | |
incl. | |
ICAMAP and other | |
entities acting | |
in concert |
4.86%
Caisse des dépôts
PROPERTY DEVELOPMENT: a leading property developer in France, a key player in low-carbon construction
- Limited exposure (less than 10% of Group equity (1))
- A full-service developer (offices, homes, etc.) with extensive national coverage (21 local offices)
LE CONEX - Lille, Nord
- Group share, incl. duties
- Property Development equity attributable to the Group (before elimination of investments in subsidiaries / consolidated equity attributable to the Group)
39%
S&P rating for Icade & Icade Santé
BBB+, stable outlook
INVESTOR PRESENTATION | 3 |
MAY 2021 |
(3) Including 0.72% of treasury shares and 0.26% for Icade's "FCPE" employee-shareholding fund
SKY-AND-GARDEN
Asnières/Seine, Hauts-de-Seine
1. 2020: Resilient results, solid business lines and balance sheet
Key points and highlights
INVESTOR PRESENTATION | 4 |
MAY 2021 |
1. 2020: KEY POINTS & HIGHLIGHTS
2020: A YEAR LIKE NO OTHER
An unexpected and challenging year, agile and proactive teams
Management supported by a trusting Board of Directors
Resilient 2020 results, solid business lines and balance sheet
A business mix and risk profile adaptable in the current context
Acceleration of our low-carbonstrategy
- clear outlook, strategy fine-tunedwith no major shift
Icade ready to meet post-crisis challenges
INVESTOR PRESENTATION | 5 |
MAY 2021 |
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Icade SA published this content on 02 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2021 07:56:07 UTC.
