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| Icade enters a new chapter of its history On 31 December 2013, Icade became the leading commercial real-estate company in the Ile-de-France region. It was already the leading French healthcare real-estate company and becomes a major player in the Grand Paris project, with 2 million sq. m of available property reserves, a portfolio of about 10 billion euros in assets as of 30 June 2013 and 550 million euros in annualised rents. 60 years of history and a unique role of developer of major French cities For the past 60 years, Icade has been a natural partner to local authorities and the development of French cities. Icade develops entire districts, from Confluence in Lyons to Euratlantique Bordeaux, the Docks in Strasbourg, the Ile de Nantes, Euralille and in Marseille, within a urban approach incorporating soft transport, management of flows, and the right balance between jobs and housing and services and infrastructures – expertise which will come into its own in the context of the Grand Paris project. The leading real-estate company in the Grand Paris With 3.5 million sq. m in assets, among which 80% in the Ile-de-France region, Icade is today the only real-estate company to own land on that scale to support the Grand Paris development project. The eight major commercial divisions Icade now possesses in the Ile-de-France region are at the heart of three strategic zones due to particularly benefit from the new Grand Paris Express network: in the north-east with Roissy-Charles de Gaulle and Plaine Commune, to the west with La Dfense-Nanterre and in the south with Orly-Rungis. This means Icade will be involved in five out of the 17 Grand Paris urban development zone contracts: Roissy-Villepinte, Saint-Denis Pleyel, La Dfense-Nanterre, Val-de-France-Gonesse and Orly-Val-de-Bi‚vre. Reinforced expertise to support the entire real-estate decision-making cycle By integrating 90 new employees, Icade will strengthen its understanding of urban challenges, its long-term relationships with local authorities and investors, its culture of innovation and its anticipation of the buildings of tomorrow. Icade is the preferred partner of all stakeholders in the city, both public and private, whether helping local authorities to create new central areas, revising the functional balance of districts, supporting companies or government agencies with relocation of their head offices, or designing innovative and adaptable housing for dependent people and first time buyers. Icade is therefore developing a unique range of internal expertise for the benefit of those who live in cities. write your comments about the article :: © 2014 Construction News :: home page |