There were some positive revaluations in H1 19 and rents increased slightly at constant perimeter. Both were slightly above the rents indexation, suggesting a very limited yield compression in H1 19, or some negative ones in some asset pockets. We continue to point out the weaker end-market around Paris (excluding the City of Paris) where Icade’s buildings are mainly located.
22 Jul 2019
No increase in guidance
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Icade SA (ICAD:PAR) | 0 0 1.5% | Mkt Cap: 6,092m
- Published:
22 Jul 2019 -
Author:
Christian Auzanneau -
Pages:
5
There were some positive revaluations in H1 19 and rents increased slightly at constant perimeter. Both were slightly above the rents indexation, suggesting a very limited yield compression in H1 19, or some negative ones in some asset pockets. We continue to point out the weaker end-market around Paris (excluding the City of Paris) where Icade’s buildings are mainly located.