PRESS RELEASE

Paris, March 4, 2024, 7:30 a.m.

ICADE AND LOKIMO LAUNCH THE FIRST DIGITAL SOLUTION TO ASSESS BIODIVERSITY ON FUTURE DEVELOPMENT SITES

As the French "Climate and Resilience" Law has set a goal to achieve no net land take by 2050, developers need new tools to take into account soil and biodiversity in their construction projects, starting as early as the design phase. Having made biodiversity preservation and soil protection one of its top priorities, Icade has partnered with Lokimo to launch Lokimo Biodiversité, a new tool which takes only a few moments to assess biodiversity on a future development site before

  1. project has begun. Lokimo is a member of the Urban Odyssey start-up studio and an AI specialist in data analytics for the real estate sector.

Lokimo Biodiversité: an AI-powered analytics and recommendation tool helping the Group to achieve its ambitious goals

In 2023, Icade ramped up its soil protection and biodiversity preservation strategy by making new commitments:

  • Rewilding 100% of the Property Development Division's new builds and the Commercial Property Investment Division's two business parks by 2030;
  • Integrating nature-boosting solutions into 90% of buildings excluding business parks by 2026.

In addition to the digital design solutions it applies to optimise the carbon footprint of its projects, the Group has decided to use Lokimo Biodiversité to measure biodiversity. This tool was co-developed by Icade and the start-up Lokimo, a member of the Urban Odyssey start-up studio and an AI specialist for the real estate sector, with the help of ecologists from Ubiquiste among others.

By simply entering an address, the tool can instantly assess a site's biodiversity by analysing various expert databases on a variety of topics (fauna and flora, pollution, wetlands, areas of ecological interest, etc.). It makes it possible to (i) identify a project's environmental factors before it is launched, (ii) formulate recommendations and (iii) generate a report in a matter of seconds to improve project performance and adapt future architectural choices accordingly.

A solution for the entire industry

This new solution was added to the Lokimo platform which has now been used since 2021 by a number of real estate companies, including Icade, to develop more sustainable projects based on multi-criteria analyses (new-build and second-hand markets, mobility, socio-economic issues, protected areas, etc.).

As with carbon-related issues, Lokimo Biodiversité can be used in addition and prior to the assessments made by specialists, allowing all industry participants, including property and urban developers, to systematically take into account biodiversity at an early stage.

By supporting this initiative, Icade has once again taken concrete steps to protect biodiversity in property projects and for the industry as a whole, in line with the commitment it made in 2023 to the "Institut de la Transition Foncière", an institute for land management transition.

For more information, visit: https://lokimo.ai/

ABOUT ICADE

Icade is a full-service real estate company with expertise in both property investment (portfolio worth €6.8bn on a full consolidation basis as of 12/31/2023) and property development (2023 economic revenue of €1.3bn) that operates throughout France. It builds, redevelops, manages and invests in buildings while breathing new life into neighbourhoods. With a carbon reduction pathway approved by the SBTi, Icade has made low carbon and biodiversity strategic priorities to reinvent real estate and make cities more sustainable. It is listed as a "SIIC" on Euronext Paris and its leading shareholder is the Caisse des Dépôts group.

The text of this press release is available on the Icade website: www.icade.fr/en

CONTACTS

Anne-Violette Faugeras

Marylou Ravix

Head of Finance and Investor Relations

External Communication Manager

+33 (0)7 88 12 28 38

+33 (0)7 88 30 88 51

anne-violette.faugeras@icade.fr

marylou.ravix@icade.fr

About LOKIMO

Specialized in advanced territorial analysis, Lokimo collects, processes, and updates data from over 130 sources to assess risks and identify land opportunities. With a deep commitment to ecology, the platform integrates biodiversity criteria from the early stages of real estate development. By providing personalized reports, Lokimo enables stakeholders to make informed decisions amidst increased competition, regulatory constraints, and ecological considerations, simplifying the path to sustainable and profitable real estate development.

Contact: Martin Noël - martin@lokimo.ai; +33 (0)6.88.11.60.23

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Disclaimer

Icade SA published this content on 04 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2024 06:42:01 UTC.