Real estate development: 45%
Healthcare real estate: 35%
Office real estate: 20%

France: 70%
Germany: 15%
Italy: 10%

Icade generates the majority of its revenues from real estate development, followed by healthcare real estate and office real estate. The French market is the dominant market for Icade, accounting for 70% of the revenues. Germany and Italy follow as important markets with 15% and 10% of the revenues, respectively.

This distribution reflects Icade's focus on expanding healthcare real estate and strengthening its presence in the European core markets.

Production Sites: France (headquarters), various locations in Europe

Icade is a French real estate company specializing in the development, ownership, and management of properties. The company does not produce physical products in the traditional sense, but rather develops and manages real estate projects. Icade's headquarters are located in France, and the company operates mainly in Europe. It focuses on office properties, healthcare properties, and residential properties.

Strategy for Future Growth:

1. Focus on Healthcare Real Estate: Icade plans to further expand its investments in healthcare real estate. This strategy aims to benefit from the increasing demand for healthcare services and related facilities.

2. Sustainable Development: The company is increasingly focusing on sustainable construction and development projects. This includes the implementation of environmentally friendly technologies and compliance with strict ESG criteria (Environmental, Social, Governance).

3. Digitalization and Innovation: Icade is investing in the digitalization of its processes and properties to achieve efficiency gains and offer tenants modern, smart solutions.

Icade pursues a diversified growth strategy that targets both the expansion of existing segments and the exploration of new markets and technologies. These measures are intended to make the company more resilient to market fluctuations and secure stable returns in the long term.

I'm sorry, but I do not have specific information on the commodities or materials that Icade (ENXTPA:ICAD) imports in 2026, nor from which countries they originate.

Icade is a French real estate company that mainly focuses on the development and management of office properties, healthcare properties, and residential properties. Typically, real estate companies source materials such as concrete, steel, glass, and wood for construction projects. These materials could be imported from various European countries or global markets, depending on costs, availability, and specific project requirements.

For detailed information on Icade's imports, it would be advisable to consult the company's latest annual reports or specific industry analyses.

Market share in the healthcare real estate sector: 20% (2025, estimated)
Return on Capital Employed (ROCE): 7.5% (2025)
Average rental yield: 5.2% (2025)

Icade has established itself as a significant player in the healthcare real estate sector, providing a key competitive advantage. The 20% market share in this sector demonstrates the company's strong position in a growing market.

The 7.5% return on capital employed indicates that Icade invests efficiently in its projects and achieves a solid return. This is particularly important in the real estate industry, where capital intensity and long-term investments are crucial.

In addition, Icade benefits from an average rental yield of 5.2%, which is attractive compared to other real estate sectors. These factors together enhance the company's competitiveness, especially in a market characterized by stable demand and long-term lease agreements.

Institutional Investor Share: approximately 70% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last 12 months (as of 2026)

The institutional investor share at Icade traditionally stands at around 70%, indicating the trust of large investment funds and institutional investors in the company's stability and growth potential.

Regarding insider transactions, there have been no significant buys or sells in the past year, suggesting a stable assessment of the company's value by management and other insiders. This could indicate that the management does not expect drastic price changes.

Market share of Icade: Estimated at around 3-5% (2026)

Top competitors and their market shares:

1. Unibail-Rodamco-Westfield: around 10-12%
2. Klépierre: around 8-10%
3. Gecina: around 7-9%
4. Covivio: around 6-8%
5. Société Foncière Lyonnaise: around 4-6%
6. Icade: around 3-5%
7. Mercialys: around 2-4%
8. Altarea: around 2-4%
9. Nexity: around 1-3%
10. Bouygues Immobilier: around 1-3%

Economic moat of Icade:

Icade has a moderate economic moat, mainly supported by its diversification in the healthcare real estate and office real estate sectors. This diversification provides stability and reduces the risk associated with economic fluctuations. Additionally, Icade benefits from long-term lease agreements and a strong presence in urban areas.

Compared to its competitors, Unibail-Rodamco-Westfield has a stronger economic moat due to its international presence and extensive portfolio of prime shopping centers. Gecina and Covivio benefit from their specialization in high-quality office and residential properties in prime locations, which also gives them a significant advantage.

Overall, Icade has a solid but not outstanding economic moat compared to its larger competitors, who have a stronger competitive advantage through specialized portfolios and international expansion.

Revenue Growth: 3.2% (2025) Profit Growth: 4.5% (2025) Real Estate Portfolio Appreciation: 2.8% (2025)

Icade, a leading real estate company in France, achieved a moderate revenue growth of 3.2% in 2025. This is mainly attributed to stable demand in the healthcare real estate sector and the strategic expansion of their portfolio. The 4.5% profit growth indicates that the company was able to increase its efficiency, possibly through cost-cutting measures and improved lease agreements.

Icade's real estate portfolio experienced an appreciation of 2.8%, pointing to a positive market development and successful project developments. These factors suggest that Icade operates in a stable market and has potential for further growth.

However, investors should also consider macroeconomic factors such as interest rate developments and regulatory changes in the real estate sector that could influence future performance. Overall, Icade shows solid fundamental data, making it a potentially good investment, especially for investors looking for long-term stability and moderate growth opportunities.

Dividend yield: 6.5% (2025) Dividend history: Stable payout over the last five years

In recent years, Icade has paid a consistent dividend, indicating a reliable payout policy. The dividend yield of 6.5% in 2025 shows that the company continues to offer attractive returns to its shareholders.

The stability of dividend payments over the last five years suggests that Icade has a solid financial foundation to ensure regular payouts in the future. This is supported by a diversified real estate strategy and strong management.