Offer for Atrium European Real Estate: ICAMAP will vote against
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.
easyHotel (the “Company”) is the "super-budget" hotel chain that was created in 2004 by Sir Stelios Haji-Ioannou, the founder of easyJet. easyHotel is the pan-European owner, developer, operator and franchisor of branded hotels. Its strategy is to target the super budget segment of the hotel industry by marketing "clean, comfortable and safe" hotel rooms to its customers. easyHotel has an estate of 39 hotels with 3,672 rooms, comprising 27 franchised hotels (2,332 rooms) and 12 owned hotels (1,340 rooms). easyHotel is listed on the London Stock Exchange since 2014.
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 to an indirect wholly-owned subsidiary of Gazit-Globe Ltd, which already owns 60.1%. On 29 August 2019, the advisers to the independent committee of the Board of Directors of Atrium confirmed that “potential buyers remain actively engaged in the Go-Shop process”.
ICAMAP, holding 1.38% of Atrium’s ordinary share capital as of 3 September 2019, has taken notice of both announcements and 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