Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  ICADE    ICAD   FR0000035081

ICADE (ICAD)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

ICADE : Opening of the share capital of Icade Santé

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/12/2012 | 08:41am CET

PRESS RELEASE Paris 11 April 2012

Opening of the share capital of Icade Santé Icade Santé, a subsidiary of Icade specialised in investment in healthcare real estate, is increasing its share capital by €250 million with a reserved capital increase to three institutional investors led primarily by Crédit Agricole Assurances and BNP Paribas Cardif. Each insurer has invested its share of the funds through its own OPCI vehicle approved to this end.

Thanks to an increased capital base, Icade Santé will pursue its development as the leading property company serving healthcare operators. As the current leader in its field with a

44 facilities portfolio of more than €1.3 billion value, Icade Santé benefits from a diversified rental base with 6 partner operators and a dedicated team with widely recognised know-how.

This operation will enable Icade to pursue its investments and acquisitions of healthcare real estate assets while keeping the contribution of this asset class to its cash flow unchanged. At the end of this operation, Icade will hold 69% of the share capital of its subsidiary.

As for Crédit Agricole Assurances, this operation constitutes a transaction with a high potential enhanced by a partnership with a healthcare real estate specialist and will thus enable it to pursue the diversification strategy of its portfolios into real estate investments in operational properties such as clinics and hotels.

About Crédit Agricole Assurances

Number one for bancassurance in Europe and number two for life insurance in France based on the amount of premiums collected, Crédit Agricole Assurances handles all the Group's French and foreign insurance activities. It comprises Predica, a personal insurer, Pacifica, specialised in non-life insurance, Caci for creditor insurance, the various international subsidiaries and Caagis for IT management and services, as well as Spirica and LifeSide Patrimoine, focused on life insurance for wealth management.

Key figures for the Crédit Agricole Assurances Group(at 31 December 2011)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ICADE
11/21 ICADE : announces the acquisition of land by Icade Santé for the construction of..
11/16 ICADE : Success of the bond tender offer
11/07 ICADE : successfully completes a new €500M bond issue with a 1.125% coupon and l..
10/21 ICADE : announces the sale of an office building in the CBD of Paris for €128 mi..
10/11 ICADE : signs two new leases for 26,400 sq.m of office space and moves its headq..
10/03 ICADE : Investor presentation - september 2016
10/01 ICADE : Colliers International Acquires ICADE Asset Management and ICADE Conseil..
07/26 ICADE : Business performance and half-year results on the rise - Icade well on t..
07/26 ICADE : Business performance and 2016 half-year results on the rise - Icade well..
07/26 ICADE : Half-year financial report - June 30, 2016.
More news
Sector news : Diversified REITs
05/24 Gecina maintains snubbed bid for Fonciere de Paris
03/30DJDexus Offers Sweetener to A$2.6 Billion Investa Office Bid - Update
02/09DJSTOCKLAND : 1st Half Profit Rises 51%, Guidance Improves
2015DJMIRVAC : Correction to Mirvac Joint Venture Article
2015DJMIRVAC : Ping An Real Estate Enter Australian Property Joint Venture
More sector news : Diversified REITs
News from SeekingAlpha
2015 THE ISHARES MSCI FRANCE ETF : An Exceptional Fund
Advertisement
Financials (€)
Sales 2016 1 425 M
EBIT 2016 501 M
Net income 2016 -21,0 M
Debt 2016 4 426 M
Yield 2016 5,90%
P/E ratio 2016 30,40
P/E ratio 2017 30,49
EV / Sales 2016 6,56x
EV / Sales 2017 6,00x
Capitalization 4 930 M
More Financials
Chart ICADE
Duration : Period :
ICADE Technical Analysis Chart | ICAD | FR0000035081 | 4-Traders
Full-screen chart
Technical analysis trends ICADE
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 75,8 €
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Olivier Wigniolle Chief Executive Officer
André G. Martinez Chairman
Victoire Aubry Head-Finance & Information Technology
Marie-Christine Lambert Independent Director
Olivier Mareuse Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ICADE7.46%5 205
GECINA13.02%8 483
GPT GROUP2.30%6 547
MIRVAC GROUP4.55%5 711
SENIOR HOUSING PROPERT..24.06%4 373
CONCENTRADORA FIBRA DA..-10.48%2 177
More Results