Issue 2011 February 22nd

This issue was created on 2011-02-22 10:04:00

  • Icade targets Parisian shopping centresFebruary 22, 2011
French property investment and development company Icade has confirmed that it is to re-invest the proceeds from last year’s euro2bn sale of its housing portfolio into commercial property assets. The French SIIC, which two years ago announced plans to re-focus its business on commercial real estate, said it will concentrate on shopping centres in the Paris region and the major regional metropolitan areas, plus offices and medical buildings in and around Paris.
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