At Icade, designing places where it's good to live, work and play means we do real estate differently. In the face of the climate emergency, changing working patterns and increasing demand for housing in France, our sector, and the commercial property stock in particular, is set to undergo profound changes. Our role at Icade is to respond to these changes alongside local authorities and our customers.

In line with our raison d'être to build mixed, innovative and inclusive cities with a reduced carbon footprint, AfterWork by Icade is an approach to redeveloping commercial properties, supported by a dedicated team within Icade Promotion; men and women with multi-product expertise to study all transformation scenarios, while taking into account the carbon footprint and the ambitious objectives of the Decree on Commercial Property.

Why AfterWork by Icade ?

Our conviction

Rebuilding the city on the city is the future of the city.

AFTER
Anticipating the objectives of the National Low Carbon Strategy by improving the carbon footprint of tertiary buildings, encouraging re-use and reducing the amount of land taken over by buildings.

TRANSFORMING THE OFFICE
Propose innovative new office spaces or consider a change of use, particularly for housing.

The three pillars of AfterWork by Icade

1

Support from a dedicated team

AfterWork by Icade is supported by a team dedicated to transforming offices into all types of residential or tertiary products.

2

A financial partner

AfterWork by Icade is a financial partner with the tools to assess the best transformation scenarios and the investment capacity to support them.

3

Low-carbon projects

AfterWork by Icade is all about low-carbon projects: raising the height of buildings using wood, the circular economy, financing offsetting, etc.

Benefits for all players

Who is AfterWork by Icade aimed at?

AfterWork by Icade is designed for :

  • Property owners to enhance and transform their office assets.
  • Investors to acquire assets for conversion.
  • Local authorities, to transform their areas.
What are the benefits of AfterWork by Icade?

AfterWork by Icade provides :

  • A dedicated team.
  • Clear and rapid decision-making support.
  • A multi-product vision to ensure objective analysis.
  • A global approach focused on value creation.
  • Interactive financial modelling tools.
  • Extra-financial indicators.
  • Icade's ability to invest or co-invest.

Support at every stage of the project

AfterWork by Icade is a study process based on a holistic 3-stage approach, enabling the most relevant scenarios to be filtered quickly, then the analyses to be progressively refined to identify the optimum way of creating value.

  • 1st stage: Opportunity

    Programme: Transformability rating, Capacity: Constructability estimate, Carbon: Carbon calculator, Financial: Comparative balances

  • 2nd stage: Valorisation

    Programme: Technical audit, Capability: Architectural feasibility, Carbon: Reuse study, Financial: Financial offer

  • 3rd stage: Assembly

    Programme: Innovation and uses, Capacity: Levers for optimisation, Carbon: Improving the carbon footprint, Financial: Financial structuring

Identifying the "highest and best use value"

For each existing office building, 12 transformation scenarios are studied.

Our tools

AfterWork by Icade uses innovative tools to objectivise scenario analysis and provide decision-support indicators tailored to all investor profiles.

Contact

Nicolas Virondaud

Directeur Délégué en charge de l'activité Tertiaire IDF, Icade Promotion