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Icade (FRA:3IC) Net Policyholder Benefits/Claims


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What is Icade Net Policyholder Benefits/Claims?

Net Policyholder Benefits/Claims only applies to insurance companies.


Icade Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Icade (FRA:3IC) » Definitions » Net Policyholder Benefits/Claims
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Address
Immeuble Open, 27, Rue Camille Desmoulins, Issy-les-Moulineaux, Paris, FRA, 92445
Icade is a French real estate investment trust involved in the ownership and management of commercial property around Paris. The vast majority of Icade's real estate portfolio is split between office and business park properties. Nearly all of these are located in Greater Paris with roughly half residing in the inner and outer rings of the metro area. Icade derives Majority of its revenue from its Property Development division through the sale of real estate. Rental income from short- to mid-term leases out of its Property Investment division also represents a substantial revenue stream. Institutional investors, private investors, and buyers represent fairly equal parts of the company's customer orders. Icade also has holdings in healthcare properties outside of the Paris region.