The Low Carbon Building Initiative (LCBI) reveals the methodology for the first pan-European low carbon label, measuring the carbon footprint of real estate based on a Life-Cycle Analysis.
13th March 2023
Launched at MIPIM in 2022, the Low Carbon Building Initiative (LCBI) gathers major real estate stakeholders to promote low carbon buildings and reduce the CO2 emissions of European real estate by half (measured in a Life-Cycle Analysis). After a year of collaborative benchmarking, data analysis, and expert reviews, LCBI reveals the methodology for the first version of the Low Carbon Building Initiative label.
Arnaud Regout, President of LCBI Advisory Committee, Chief Investment Officer BPI Real Estate (CFE Group) explains : “Decarbonization of real estate is key to fighting climate change and we must act on a European scale to build a sustainable future for the industry. As the first pan European low carbon level, LCBI label is a real opportunity to promote good low carbon practices in our sector and will become a useful reporting tool for mixed-used. ”
For more details www.lowcarbonbuilding.com
ICAWOOD annonce l'acquisition de l'immeuble CB3 à La Défense (37 000m2)
16 Décembre 2022
ICAWOOD, le fonds d’investissement créé en 2019 par ICAMAP et Ivanhoé Cambridge, annonce l’acquisition de l’immeuble CB3 (37 000 m²), situé au 170 Place Henri Regnault à La Défense. L’opération, effectuée auprès d’AEW agissant pour le compte d’un consortium d’investisseurs, a été réalisée en vue de développer un projet de restructuration bas carbone à dominante tertiaire.
WO2, leader français de l’immobilier de bureaux « bas carbone », interviendra comme maître d’ouvrage délégué. Acquis vacant, l’immeuble CB3 fera l’objet d’une restructuration bas carbone exemplaire mettant en oeuvre les technologies et l’expertise développées par WO2. ICAWOOD entend faire de CB3 la première restructuration labellisée « Bâtiment Bas Carbone (BBCA) Rénovation » du quartier d’affaires de La Défense, conjuguant notamment sobriété constructive, emploi de nouveaux matériaux biosourcés et recyclés, végétalisation intense et haut degré de performance énergétique.
Télécharger la suite de l'article ici.
URBIA winner of the "best refurbishment project in the office sector" prize
12 July 2022
WO2, the French pioneer and leader in low-carbon offices, has just won the prize for the "best refurbishment project in the office sector" with Urbia, in Innovapresse's annual ranking of French real estate developers 2022. Located in Clichy on the former site of the Bic factories, this 16,670 sqm office building is set to become the first refurbishment project to be awarded the BBCA (French Low Carbon Building Association) label at its high level in France. The project is being developed on behalf of Icawood, a low-carbon real estate investment fund launched in 2019 by ICAMAP and Ivanhoé Cambridge and managed by ICAMAP
Download the article here.
1st July 2022
With over a $1Bn of capital raised in the last five years, ICAMAP joins the top 200 private equity real estate firms worldwide www.perenews.com/introducing-the-pere-200/
ICAMAP, the Paris-based private equity estate firm co-founded by ex-Unibail-Rodamco chief executive officer Guillaume Poitrinal, is expanding the remits of its wood-based real-estate development strategy to include multiple European countries for the first time.
To read more : https://www.perenews.com/poitrinals-icamap-to-go-pan-european-with-wood-based-strategy
ICAMAP joins major European real estate stake-holders to launch a pan-European low carbon building label
14 March 2022
ICAMAP announces the launch of a pan-European low carbon building label together with major European real-estate stakeholders, based on a scientific approach in CO2 accountancy over the building lifecycle.
“If we want to reach Net Zero by 2050, we have to get it right carbon-wise in the coming 15 years and to do that, we have to change practices in the next 2 to 3 years. That means shaping a real CO2 accountancy and analysis framework for buildings, cities and portfolios, in order to reach CO2 metrics and European Labels, in coordination with the undergoing work at EU level (inc. Green Taxonomy) and beyond.”
An interview with Harm Meijer, Managing Director and Co-Founder of ICAMAP, featured in the January issue of the EPRA Magazine
ICAMAP does things a bit differently from the competition. Despite the decades of experience that he shares with his co-founders – Guillaume Poitrinal and Alexandre Aquien – the firm retains a boutique and hands-on approach that has made it popular with a variety of investors.
Download the article here.
ICAWOOD and GRDF signed a long form forward for the future headquarters by 2025
19 January 2022
ICAWOOD, the real estate investment fund launched by ICAMAP and Ivanhoé Cambridge, along with WO2 acting as Maître d’Ouvrage Délégué have signed a long form forward lease contract with GRDF to let 25,000 sqm of offices located in Saint-Denis. The low-carbon footprint project, build with solid wood CLT (Cross-Laminated Timber) would be exemplary from an environmental point of view and would benefit from the highest labels and certifications.
Download the article here.
2021 awards from the Fédération des Promoteurs Immobiliers (the French developers’ association): ICAWOOD and WO2 awarded Pyramide d’Or 2021 in the commercial real estate category for Marcadet
15 December 2021
ICAWOOD, the real estate investment fund launched by ICAMAP and Ivanhoé Cambridge, along with WO2 acting as Maître d’Ouvrage Délégué have been awarded the commercial real estate “Pyramide d’Or” (the highest distinction) for their project Marcadet located in Paris 18th, a c. 31,400 sqm low-carbon building mainly dedicated to offices. Designed by architects Chartier-Dalix, this project is exemplary in terms of carbon footprint, combining the restructuring of an existing base and a new building made of solid wood CLT (Cross-Laminated Timber). The delivery of the project is expected by end 2023.
ICAMAP and Ivanhoe Cambridge injects €50m into easyHotel to accelerate ambitious growth plans
13 December 2021
The additional capital together with new bank fundings recently secured will be used to develop or acquire new assets in key European cities. By 2026, easyHotel is aiming to more than triple the size of its owned and leased estate which currently comprises 15 hotels, with a total of 1,723 rooms, in the UK, France and Spain.
Download the article here.
easyHotel appoints Karim Malak as Chief Executive Officer
28 September 2021
The Board of easyHotel and its stakeholders ICAMAP, Ivanhoé Cambridge and easyGroup, are pleased to announce the appointment of Karim Malak as Chief Executive Officer. His appointment marks a key milestone in the development of easyHotel as a leader in the budget hotel segment. Karim is expected to join in December 2021.
Download the article here.
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.
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
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.
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).
Download ICAMAP Letter to Atrium RE Board of Shareholders here.
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.
Download of the press release here
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.
Download ICAMAP’s public letter to the Board of Directors of Atrium here.
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
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)
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