We bring the city to life - Icade is a company listed on the stock exchange, a subsidiary of the Caisse des Dépôts

History of Icade

Icade is a French property services group that was created in 1954, under the name of Société Centrale Immobilière de la Caisse des Dépôts (SCIC).

1954: SCIC was created

SCIC (Société Centrale Immobilière de la Caisse des Dépôts) and 23 construction companies (SCI) were created to further France's reconstruction effort and respond to the housing shortage of the 1950s.

1957-1976:

A huge housing estate was built in Sarcelles.

1964:

SCIC started building hospitals, at the request of the Paris public hospital administration.

1980s:

Internal reorganisation within SCIC.

1994:

500,000 housing units built in 40 years

2003:

SCIC became Icade.

2006:

Icade was first listed on the stock market.

2007: Serge Grzybowski was appointed CEO of Icade

Icade became a listed property investment company.
Icade was reorganised into three business lines: Property Investment, Property Development, and Property Services.

2009-2010: Icade started to focus on office property investment business in Île-de-France

Icade sold 29,000 housing units to a consortium that managed subsidised housing and invested its proceeds in Compagnie La Lucette.

31st december 2013

Silic teamed up with Icade to form the number one real-estate investment company in greater Paris.