As per Gecina, Icade’s vacancy was more or less stable on a sequential basis in Q3 20. The most interesting figure was the decreasing number of residential reservations in Q3 20, ahead of the contribution from the CDCH (French government). This reflects lower confidence from both individual investors and first-time individual buyers.
23 Oct 2020
Lower reservations in residential development business in Q3 20
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Lower reservations in residential development business in Q3 20
Icade SA (ICAD:PAR) | 0 0 1.5% | Mkt Cap: 6,092m
- Published:
23 Oct 2020 -
Author:
Christian Auzanneau -
Pages:
4
As per Gecina, Icade’s vacancy was more or less stable on a sequential basis in Q3 20. The most interesting figure was the decreasing number of residential reservations in Q3 20, ahead of the contribution from the CDCH (French government). This reflects lower confidence from both individual investors and first-time individual buyers.