Icade announced it is in negotiations for substantial lease agreement on EQHO in La Défense

Paris, 24-4-2014 — /EuropaWire/ — Icade announces the signing of a commitment to open a period of exclusive negotiations with a leading company with a view to signing a lease for 40,468m2 of office space in EQHO in La Défense. The lease is to be signed within the next five weeks and will come into effect in the second quarter of 2015. Active discussion is underway for the remaining office space amounting to 34,000m².

This demonstrates a greater dynamism in the La Défense market and confirms Icade’s confidence in this sector.

EQHO is a landmark restructuring project in La Défense. This 80,000m² building, developed by Icade, offers companies a completely new vertical campus concept with a unique range of services, including an auditorium, a business centre, concierge services, a wide range of restaurants, and a fitness center.

Located on the boundary of the La Défense business district and the town of Courbevoie, EQHO has numerous advantages, including access to amenities, a private car park directly beneath the building and a calm working environment.

EQHO is also an exemplary model in an environmental sense. Having obtained HQE NF Renovated Commercial Buildings and BREEAM Very Good certifications, as well as the BBC Effinergie Renovation label (a first for a high-rise building), the tower is in the process of obtaining HQE in-use certification.

About Icade:
A listed real estate investment company and subsidiary of the Caisse des Dépôts, Icade is a major player in Greater Paris and regional development capable of providing comprehensive, sustainable and innovative solutions that are tailored to customer needs and the challenges of tomorrow’s cities. Leading commercial real estate company in Europe, Icade recorded an EPRA Earnings from Property Investment of 214 million euros in 2013. On 31 December 2013, its EPRA triple net asset value reached 5,703 million euros, or 77.3 euros per share.

Icade contacts:
Nathalie Palladitcheff
Member of the executive board, in charge of
finance, legal matters and IT and of the
property services division
+33 (0)1 41 57 72 60
nathalie.palladitcheff@icade.fr

Julien Goubault
Deputy chief financial officer, in charge of
financing, corporate and investor relations
+33 (0)1 41 57 71 50
julien.goubault@icade.fr

Comments are closed.