sur ICADE (EPA:ICAD)
Icade's Q1 2026: Marignan Building Sale and Revenue Downturn
Icade announced the completion of the Marignan building sale on the Champs-Élysées for €402 million, boosting its loan-to-value ratio by about 3 percentage points. Despite this, Icade's consolidated revenue decreased, with gross rental income from Property Investment at €90.8 million, a 3.3% drop from March 2025.
The firm's Property Investment saw about 25,000 square meters of new or renewed leases, but occupancy dropped to 85%. Property Development orders grew 4% in volume despite March's dip. However, economic revenue fell by 11.4% due to the slowdown since 2023.
Icade maintained its FY 2026 guidance with net current cash flow per share projected between €2.90 and €3.10. Geopolitical tensions, particularly the Middle East conflict, could affect operations. Governance shifts are expected, as Chairman Frédéric Thomas will step down in June 2026.
R. E.
Copyright © 2026 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de ICADE