Office segment in the Paris region: the cornerstone of Icade’s Commercial Property Investment business
"Tour PB5" à Paris-La Défense.
Icade carries out investment activities in the office real estate segment in the most appealing cities in the Paris region. The offices owned by Icade are unique, eco-friendly locations. They are home to well-known tenants.
● With €4.9 bn, offices represent 55 % of total portfolio value
● Annual rental income of €402 .4 m (1) among wich €259.5 m for offices
● Weighted average unexpired lease term at 4.7 years (5.2 years for offices)
● Occupancy rate of 95.1 %for offices
● 85 % of office properties are HQE/BREEAM certified
● 60 % of office properties are equipped with charging stations for electric vehicles
(1) IFRS annualised rental income including ANF (excluding hotels)