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Friday 23 December 2011
 

Capital increase of Icade for development in clinical

 
The land Icade (Caisse des depots) prepares for the start of next year a capital increase with the product it will fund its ambitions in health, has announced its CEO Serge Grzybowski in an interview with Le Figaro on Friday.
 
 
Capital increase of Icade for development in clinical
 

The land Icade (Caisse des depots) prépareune increase capitalpour the beginning of next year the proceeds will fund its ambitions in health, has announced its CEO Serge Grzybowski in an interview with Le Figaro on Friday.

 

"We are planning a capital increase is expected to close by the end of January," said MGrzybowski, without specifying the amount.

 

The transaction is expected permettred'entrer capital "three or four institutional investors such as insurance companies".

 

Publicly traded, Icade is owned 55.6% by the Deposit.

 

Icade, which began some time to focus on major business parks, wants to develop in parallel health by buying the walls of clinics. This activity is "very interesting", generating a return of 7% per year, provided the responsible.

 

Icade Health already has 1.4 billion euros in the walls of clinics and medium-term objective is to bring this heritage to 2 billion.

 
Listed in: BTP, Economy

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