Icade sells its consultancy and safety/security services subsidiary to its directors

  Icade sells its consultancy and safety/security services subsidiary to its
  directors

Business Wire

PARIS -- April 10, 2013

RegulatoryNews:

Icade, in line with its strategy of refocusing on its developer-REIT
activities, announces the sale of its consultancy and safety/security services
subsidiary, Suretis.

The business, which recorded turnover of €7.7m in the 2012 financial year, has
been sold to its management, who intend to extend the range of services
offered by the company to other partners.

About Icade:

Icade is a listed real estate company, a subsidiary of Caisse des Depôts: an
investor, developer and service provider in private and public property.
Expertise in its different business lines enables Icade to provide
comprehensive, sustainable and innovative solutions that are tailored to
customer needs.

In 2012, Icade recorded consolidated turnover of 1,499.3 million euros and net
current cash flow of 251.4 million euros. At 31 December 2012, the re-valued
liquidation net asset value stood at 4,190.1 million euros or 80.7 euros per
share.

Contact:

Icade
Nathalie Palladitcheff
Member of the executive committee, Responsible for Finance, Legal matters and
IT and for the Property Services Division
+33 (0)1 41 57 72 60
nathalie.palladitcheff@icade.fr
or
Nicolas Dutreuil
Head of Corporate and Financing, in charge of Investors Relations
+33 (0) 1 41 57 71 50
nicolas.dutreuil@icade.fr
 
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