*Key take aways:* * Driving synergies between Development and Investment activities all over France. Disposal of non-core assets in Business Parks and disposal of the Services division. * Ambitions for 2016-18: Increase group share GAV to €11bn by 2019, increase development sales from €1bn to €1.3bn with a targeted ROE of 12% by 2018. * Dividend, RNR and cash flow guidance is maintained.
30 Nov 2015
Disposal of Services and up to 10% of Business Parks
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Disposal of Services and up to 10% of Business Parks
Icade SA (ICAD:PAR) | 0 0 1.5% | Mkt Cap: 6,092m
- Published:
30 Nov 2015 -
Author:
Alda Kule Dale -
Pages:
3
*Key take aways:* * Driving synergies between Development and Investment activities all over France. Disposal of non-core assets in Business Parks and disposal of the Services division. * Ambitions for 2016-18: Increase group share GAV to €11bn by 2019, increase development sales from €1bn to €1.3bn with a targeted ROE of 12% by 2018. * Dividend, RNR and cash flow guidance is maintained.