GRAND PRIX CFNEWS 2021: ICAWOOD awarded Best Real Estate Financing Deal of the Year for Arboretum
6th July 2021
ICAWOOD, the real estate investment fund launched by ICAMAP and Ivanhoé Cambridge, WO2 and BNP PARIBAS have raised €650 million for the acquisition and development of Arboretum, the largest low-carbon office campus in Europe. The “green loan” non-recourse financing has been provided by Allianz Real Estate, BNP Paribas, and Ostrum AM. The financing covers both acquisition and development costs. It is a major step in the history of real estate financing of projects with no pre-letting nor end-investor, both in terms of size and ecological commitment.
Download the article here.
REC awards 2020: Arboretum win the 2020 Real Estate Capital Award for the Development Financial Deal of the Year in Europe
1st March 2021
ICAWOOD, the real estate investment fund launched by ICAMAP and Ivanhoé Cambridge, WO2 and BNP PARIBAS have raised €650 million for the acquisition and development of Arboretum, the largest low-carbon office campus in Europe.
The “green loan” non-recourse financing has been provided by Allianz Real Estate, BNP Paribas, and Ostrum AM. The financing covers both acquisition and development costs. It is a major step in the history of real estate financing of projects with no pre-letting nor end-investor, both in terms of size and ecological commitment.
Download the article here.
PERE Global Awards 2020: ICAMAP nominated in the French Firm of the Year category
22 December 2020
ICAMAP has been nominated in the "French Firm of the Year" category for PERE Global Awards 2020 after the launch of the lowcarbon fund ICAWOOD with Ivanhoé Cambridge and WO2 (750M€ of equity) and the raising of
650 M€ of financing for the launch with no pre-letting nor end-investor of Arboretum the largest office campus ever built in wood in Europe.
ICAWOOD, the investment fund launched by ICAMAP and Ivanhoé Cambridge, WO2 and BNP PARIBAS have raised €650 million for the acquisition and development of Arboretum.
25 June 2020
ARBORETUM is a remarkable low-carbon campus project, developing 126,000 sqm of offices and services, located in the Greater La Défense and in the immediate vicinity of the Nanterre-Université hub. Surrounded by a 25-hectare park and the banks of river Seine, ARBORETUM is the largest office development project launched in the Ile-de-France region with no pre-letting nor end-investor since Coeur Défense (1997). This operation marks a new stage in office development: ARBORETUM will be a real city at the heart of nature, built of solid-wood, with the most advanced constructive techniques in terms of lowering buildings’ carbon footprint.
ICAMAP launches ICAMAX, a new open-ended fund focused on Listed European Real Estate
15 December 2020
“This is an unprecedented crisis and while there are indeed short-term headwinds from lockdowns and the ensuing economic impact of Covid-19, we have the conviction that we are in a phase of high disconnection in the listed real estate universe between intrinsic values and property stock prices, which is opening a window of opportunities for investors. ICAMAP has the knowledge, experience and capabilities to identify the winners in this environment.” Harm MEIJER and Guillaume POITRINAL
Delisting of easyHotel
20 April 2020
easyHotel, in which ICAMAP holds c. 50,1% (and through Citrus Holdco with its partner Cadim, part of Ivanhoe Cambridge, c. 71,2%), announced today the cancellation of the ordinary shares from trading on AIM with effect from 19 May 2020.
François Bacchetta appointed CEO of easyHotel
07 January 2020
The Board od easyHotel plc, owner, developer and operator of "super budget" hotels is pleased to announce the appointment of François Bacchetta as Chief Executive Officer who is expected to joint the company and the Board in Spring 2020.
easyHotel is controlled for 68.8% by a joint holding formed by ICAMAP Investors, and Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec.
ICAWOOD closes its first investment in a major low-carbon office development program in Paris 18th district (31,500 sqm)
04 December 2019
ICAWOOD, the investment fund launched in 2019 by ICAMAP and Ivanhoé Cambridge, announces its first investment in a 31,500 sqm low-carbon development project, encompassing mainly offices, located at 94-108 rue des Poissonniers (Paris 18ème).
WO2, a company created by Guillaume Poitrinal and Philippe Zivkovic to develop new-generation low-carbon tertiary buildings, will act as Deputy Project Manager (“Maître d’Ouvrage Délégué”) for the project.
Designed by architect Chartier-Dalix, this project is exemplary in terms of carbon footprint, combining the redevelopment of an existing property and an extension project in CLT solid wood (cross-laminated timber). This investment is fully in line with ICAWOOD's strategy, which designs and develops new-generation low-carbon offices in the Greater Paris region.
ICAMAP demands the immediate return of €60c per share to shareholders and step up of asset disposals
06 December 2019
On 7 November, Atrium released a third quarter update in which it was stated that “the Board is reviewing the distributions policy of the Company and intends to make a further announcement before the end of the year”. ICAMAP, holding 1.38% of Atrium European Real Estate’s ordinary share capital as of 6 December 2019, express their displeasure at the lack of communication and transparency on this matter and the lack of detail with regards to the €60c special dividend that was intended to be paid to shareholders prior to the effective date of the Offer (2 January 2020).
A consortium of Ivanhoé Cambridge and ICAMAP finalize take-over of easyHotel
14 October 2019
Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec, and ICAMAP, a real estate fund manager, acting through the ICAMAP Fund, announce that they now control 68.8% of easyHotel’s share capital following a successful recommended mandatory cash offer.
Offer for Atrium European Real Estate Unfair and Unacceptable
03 September 2019
On 23 July 2019, Atrium European Real Estate announced that the Independent Committee of the Board of Directors had reached an agreement on the terms and conditions of a recommended all cash acquisition of the entire issued ordinary share capital of Atrium.
ICAMAP, holding 1.38% of Atrium’s ordinary share capital as of 3 September 2019, has actively studied the recommended offer. However, ICAMAP believes the proposed transaction is unfair and unacceptable to minority shareholders.
Recommended Cash Offer for easyHotel plc
05 August 2019
On 5 August 2019, the board of Citrus UK Bidco Limited (“Bidco”), a newly incorporated company owned by a consortium of Ivanhoé Cambridge and ICAMAP Investments S.à r.l., and the Independent easyHotel plc Directors announced that they have reached agreement on the terms of a recommended cash offer by Bidco, for the entire issued and to be issued ordinary share capital of easyHotel plc which ICAMAP does not already own.
ICAWOOD, a low-carbon real estate development fund, and Natixis successfully conduct the first green equity bridge financing transaction
10 July 2019
ICAMAP, real estate fund manager, and Natixis, French leader on the Equity Bridge Financing market and key player in sustainable financing solutions, close the first green Equity Bridge Financing transaction, amounting to €100m, for ICAWOOD, a fund launched in 2019 by ICAMAP and Ivanhoé Cambridge to develop new-generation low-carbon offices in the Greater Paris region.
ICAWOOD, the first low-carbon real estate investment fund, launches in the Greater Paris region
12 February 2019
ICAMAP and Ivanhoé Cambridge announce the creation of ICAWOOD, a fund managed by ICAMAP to develop new-generation low-carbon offices in the Greater Paris region. ICAWOOD has raised €750 million of equity capital, for an overall investment capacity of €1.6 billion, enabling it to develop between 200,000 to 300,000 m² of low-carbon offices by 2028, using low-carbon technologies developed by WO2, a subsidiary of Woodeum group. Alongside managing partners of ICAMAP, ICAWOOD brings together 12 leading investors, including two sovereign wealth funds, five European insurance companies, and five family offices.
5.00% of Icade's share capital
5 July 2018
ICAMAP informed the French Financial Markets Authority (AMF) that the Concert formed by ICAMAP, GIC and Future Fund with respect to their shareholding in Icade crossed upwards the regulatory threshold of 5.00% of the share capital and voting rights of the Company.
Guillaume Poitrinal appointed Independent Director of Icade
29 June 2018
The appointment of Guillaume Poitrinal as Independent Director of Icade, which was unanimously recommended by the Company's Board on 7 June 2018, was approved by 99.84% of the votes cast at the Company's General Meeting held on 29 June 2018.
Guillaume Poitrinal will be a member of the Board of Directors' Strategy and Investments Committee and of the CSR & Innovation Committee.
The Board of Directors of Icade unanimously recommends the appointment of Guillaume Poitrinal as Independent Director
7 June 2018
The Board of Directors of Icade unanimously voted to recommend the appointment of Guillaume Poitrinal as Independent Director of the company.Guillaume Poitrinal’s appointment is subject to the approval of the General Shareholders’ Meeting of the company, to be held on 29 June 2018.
ICAMAP strengthens its position and becomes easyHotel's major shareholder
12 March 2018
easyHotel the owner, developer, operator and franchisor of super-budget branded hotels, announced a conditional placing to raise £50m. ICAMAP will become easyHotel's largest shareholder, increasing its stake from 29.9% to 38.7% of the share capital following the capital increase approved by the Shareholders' General Meeting held on March 12th. Additionally, Harm Meijer, one of the founding partners of ICAMAP, will become a non-executive member of the Board of Directors.
10.01% of NSI's share capital
20 February 2018
ICAMAP informed the Dutch Financial Market authorities (the AFM) that it has an interest in 10.01% of NSI's share capital. NSI is a company listed on the Amsterdam Stock Exchange
Alberto Baldan appointed CEO of Grandi Stazioni Retail
17 February 2017
The consortium formed by ICAMAP, Antin Infrastructure Partners and Borletti Group announced the appointment of Alberto Baldan as new CEO of Grandi Stazioni Retail, previously CEO of La Rinascente, with effect from 1 May 2017
Lawrence Hutchings appointed CEO of Capital & Regional
8 February 2017
Capital & Regional announces the appointment of Lawrence Hutchings, former Managing Director at Blackstone, as new CEO, with effect from 13 June 2017
Download of Capital & Regional's press release here.
Bernd Stahli appointed CEO of NSI
25 August 2016
NSI held an Extraordinary General Meeting of Shareholders (EGM) in which Bernd Stahli has been appointed as director of the company in the role of Managing Director (CEO) for a 4-year term, starting on 1 September 2016
ICAMAP and partners acquire 100% of the shares of Grandi Stazioni Retail
25 July 2016
The consortium formed by ICAMAP, Antin Infrastructure Partners and Borletti Group completed the acquisition of 100% of the shares of Grandi Stazioni Retail (GSR) from Ferrovie dello Stato Italiane and Eurostazioni. GSR operates the new long-term concessions providing exclusive rights to the commercial leasing and advertising spaces of the 14 largest Italian railway stations, as well as the concession for the redevelopment and management of two railway stations in the Czech Republic
Download of official consortium press release here.
Harm Meijer appointed at the Supervisory Board of NSI
29 April 2016
The Annual General Meeting of Shareholders (‘AGM’) of NSI N.V. appointed Harm Meijer (Managing Director of ICAMAP Advisory) as a new member of the Supervisory Board (99.81% voted in favour of the resolution)
7.02% of Capital & Regional's share capital
25 March 2016
Capital & Regional received notification that ICAMAP Investments S.à r.l. has an interest in 49,186,964 Ordinary shares of 1p each in Capital & Regional plc. This represents 7.02% of the issued share capital of the Company. Capital & Regional is a company listed on the London Stock Exchange
5.04% of NSI's share capital
21 January 2016
Capital & Regional received notification that ICAMAP Investments S.à r.l. has an interest in 35,911,201 Ordinary shares of 1p each in Capital & Regional plc. This represents 5.12% of the issued share capital of the Company. Capital & Regional is a company listed on the London Stock Exchange
4.81% of NSI's share capital
15 January 2016
ICAMAP informed the Dutch Financial Market authorities (the AFM) that it has an interest in 4.81% of NSI's share capital. NSI is a company listed on the Amsterdam Stock Exchange
4.61% of Capital & Regional's share capital
22 June 2015
Capital & Regional received notification that ICAMAP Investments S.à r.l. has an interest in 32,321,201 Ordinary shares of 1p each in Capital & Regional plc. This represents 4.61% of the issued share capital of the Company. Capital & Regional is a company listed on the London Stock Exchange
22 June 2015