No insider purchase over the last 90 days. The latest was filed 21 Feb 2025.
Icade, founded in 1954, is a Real Estate company based in La Défense, France. Its directors and officers file their transactions with AMF. Nothing new has been filed by managers of Icade in twelve months, the latest record being from 21 February 2025.
Looking back to 2021, when coverage begins, insiders filed 14 purchases and 8 sales.
Other companies in the same sector with recent insider buying flagged by our signals: Agree Realty Corp and Simon Property Group Inc /DE/. Source: insider filings from AMF. Past trades are no guide to future returns.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Icade Underperform (bearish), based on 12 analysts. Average price target: €20.21.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
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Icade is a French listed real estate group traded on Euronext Paris under ISIN FR0000035081. Its business model combines two complementary activities: commercial property investment and property development. Icade positions itself as a full-service, responsible real estate company focused on building the sustainable city of tomorrow. In 2025, the group reported a property investment portfolio value of €6.1bn, property development economic revenue of €1,128m and NCCF of €271.5m, highlighting the scale of both divisions in the group’s earnings base.
The company’s roots date back to 1954, when SCIC, the original entity behind Icade, was created by the Caisse des Dépôts to address post-war France’s urgent need for housing and healthcare infrastructure. Over time, the group expanded from mass housing into a broader real estate platform, pioneering off-plan sales, building retirement homes and student residences, and then moving into offices, business parks and healthcare facilities. Icade later evolved into the brand it uses today and became a major French real estate investment and development company, with the Caisse des Dépôts Group as its reference shareholder.
Its first business line, office property investment, is centered on strategically located office assets, mainly in the Paris region and other major French cities. Icade emphasizes the quality of this portfolio, with assets designed to meet modern tenant expectations in terms of centrality, flexibility, amenities and environmental performance. The company has also been actively managing its portfolio through selective disposals and capital reallocation toward what it views as higher-value strategic assets.
The second pillar, property development, covers residential and service-sector projects across France. Icade develops collective housing, student residences, senior residences and intergenerational housing, as well as offices, hotels, public facilities and healthcare buildings. The development arm operates through 21 regional locations, giving the group a strong local footprint and enabling it to work closely with public authorities, operators and end users. Icade has also invested in digital tools, low-carbon construction methods and urban regeneration concepts to support demand for greener, more flexible living and working environments.
Geographically, Icade remains overwhelmingly France-focused, with a particularly strong presence in Greater Paris and in regional metropolitan markets. Its 2024–2028 strategic plan, ReShapE, prioritizes adapting the office portfolio, continuing selective growth in development, reducing carbon intensity and reinforcing a more mixed, resilient urban model. Overall, Icade is one of France’s most established listed real estate players, combining long-term asset ownership, active development capabilities and a pronounced sustainability agenda.
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All recommendationsHeadquarters: La Défense, France · Founded: 1954 · Wikipedia article
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