Half-year results 2015


Millenaire Park (Paris 19th)


  1. Introduction


  2. Our ambition for Icade: Focus and Growth
    1. One clear five-track strategic roadmap

    2. A simplified organization

    3. One single committed team

    4. A diligent timeline for execution


    5. Conclusion
    6. Millénaire Park from Veolia's new headquarters building site (Paris 19th)

      3





      The new strategic plan proposed by the management was unanimously approved by the Board


      Icade needed to clarify its strategy, penalized by a lack of visibility


      During the last 3 years, our performance has been broadly in line with our peers…


      … but Icade's market rating, characterized by a significant discount to NAV, did not reflect its core strengths and upside potential


      A strategy to embark employees


      A strategy to be fully executed by April 2019


      ICADE IS CLARIFYING ITS STRATEGY ACCORDINGLY IN ORDER TO RALLY BACK ITS PEER GROUP

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