On 18 December the agreement to sell for sector D of the Olympics and Paralympics Village in Saint-Ouen-sur-Seine was signed between Solideo and Caisse des Dépôts, Icade Promotion and CDC Habitat consortium. A opportunity to know more about the work schedule.
On 10 December, the first tree was planted in Arsenal district. A former top place for civil and military industry, the 17-hectare Eco-district is part of Greater Paris. Icade will carry out the Naturessence programme, which will include 191 housing units, 44 of which will be intermediate and 21 social rental units.
Icade is accelerating the international development of its healthcare property, Icade Santé, with a first acquisition in Germany for a total of €266mn. The transaction involves 19 nursing homes for the elderly located in eight German regions.
On 5 November, Icade, Vinci Immobilier and Covivio inaugurated the Quai 8.2 property complex in the heart of the Bordeaux Euratlantique business district, thus participating in a Project of National Signifiance (French acronym : OIN) to create new urban centrality and ensure Bordeaux’s place among Europe’s most appealing cities.
Icade Santé, a 56.8%-owned subsidiary of Icade, has successfully completed its first €500mn bond issue maturing in 2029 at a fixed rate of 0.875%. This benchmark operation will enable Icade Santé to fund its expansion plan, which has set the goal of investing €1nn in France by 2022.
Icade has just made a new investment in Italy, with the acquisition of seven nursing homes. This transaction is part of Icade's ongoing international diversification of its investments in healthcare real estate.
On 2 August, Icade announced that it had stepped up the implementation of its strategic plan through the sale of real estate assets - Eqho in Coubevoie and Crystal Park in Neuilly sur Seine - and the purchase of a portfolio of 12 healthcare facilities.
With their project Nanterre Partagée, Crédit Agricole Immobilier, Icade and Novaxia consortium, with CDU, have been selected by the Greater Paris Metropolis (Métropole du Grand Paris) to develop the site of the Centre d'accueil et de soins hospitaliers (CASH – Hospital Center) in Nanterre in the framework of the Inventons la Métropole du Grand Paris 2 competition.