icade (ICAD) Snapshot

Icade has agreed a lease with a famous company for 1,884 m of office space in the Millénaire 5 building in rue Madeleine Vionnet in Aubervilliers. This new lease brings the occupation of Millénaire 5% to 80%. Millénaire 5 is an HQE(R) building located directly adjacent to the Millénaire shopping centre. The Parc du Millénaire can now be reached by metro lines 12 and 7, tramway T3 and the fleet of 4 electric river shuttles chartered by Icade, which stop at the foot of the building. In 2015, the RER E will complete this transport network with the opening of Rosa Parks station, just a few minutes' walk away from the complex. This new lessee will move into the building in December 2013. The transaction was completed by BNP Paribas Real Estate.

Icade S.A. reported consolidated turnover results for the first quarter ended March 31, 2013. For the quarter, the company reported turnover of $316.7 million against $343.5 million a year ago.

Icade S.A. reported unaudited pro forma consolidated earnings results for the year ended December 31, 2012. For the period, the company reported pro forma turnover was $1,675.9 million. Pro forma Income from operating activities was $1,682.9 million. Pro forma EBITDA was $545.0 million. Pro forma operating profit was $274.7 million. Pro forma net profit was $81.8 million. Pro forma net profit group share was $72.8 million.