ICADE (EPA:ICAD) - ICADE CONTINUES TO IMPROVE ITS ESG RATINGS IN 2018

Transparency directive : regulatory news

11/09/2018 18:00

PRESS RELEASE
Paris, September 11, 2018

               ICADE CONTINUES TO IMPROVE ITS ESG RATINGS IN 2018

Icade has once again improved its ESG ratings in 2018, thus confirming the
quality of both its CSR policy and reporting.

GRESB rating on the rise
GRESB (Global Real Estate Sustainability Benchmark), a leading international
organisation specialising in the assessment of CSR policies implemented by real
estate companies, has awarded Icade a rating of 82/100 in 2018, up compared to
2017.

Another two Gold Awards from EPRA
Icade has received a Gold Sustainability Award for the quality of its
environmental reporting and a Gold Award for the quality and transparency of
its financial reporting. EPRA (European Public Real Estate Association) issues
guidelines and awards prizes to real estate companies based on the quality of
their financial and environmental reporting.

Favourable rankings from Oekom, MSCI and FTSE4Good
Icade once again received "Prime" status awarded to leading companies in their
industries by the ISS-Oekom agency in 2018. It moved up a notch to obtain a C+
(on a scale ranging from D- to A+) and is among the top 5% of companies in the
real estate industry. ISS-Oekom is a German ESG rating agency.

In 2018, Icade received a rating of AA (on a scale of AAA-CCC) in the MSCI ESG
Ratings assessment. MSCI is an American rating agency which provides ESG
indices and analyses.

Icade also maintained its ranking in the FTSE4Good Index in 2018. Created by
the global index provider FTSE Russell, the FTSE4Good Index Series is designed
to measure the performance of companies demonstrating strong Environmental,
Social and Governance (ESG) practices.

                                   ABOUT ICADE

                            Building for every future

As an investor and a developer, Icade is an integrated real estate player which
designs innovative real estate products and services adapted to new urban
lifestyles and habits. By placing corporate social responsibility and
innovation at the core of its strategy, Icade is closely involved with
stakeholders and users in the cities-local authorities and communities,
companies and employees, institutions and associations... As a commercial and
healthcare property investor (portfolio value of EUR11.4bn as of 06/30/18 on a
proportionate consolidation basis) and as a property developer (2017 economic
revenues of EUR1,209m), Icade has been able to reinvent the real estate
business and foster the emergence of tomorrow's greener, smarter and more
responsible cities. Icade is a significant player in the Greater Paris area and
major French cities. Icade is listed on Euronext Paris as a French Listed Real
Estate Investment Company (SIIC). Its leading shareholder is the Caisse des
dépôts Group.

The text of this press release is available on the Icade website: www.icade.fr.

CONTACTS
Victoire Aubry,
Member of the Executive Committee
in charge of Finance, Legal, IT, and
Work Environment
victoire.aubry@icade.fr

Charlotte Pajaud-Blanchard,
Press relations manager
+33 (0)1 41 57 71 19
charlotte.pajaud-blanchard@icade.fr

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ICADE (EPA:ICAD) - ICADE CONTINUES TO IMPROVE ITS ESG RATINGS IN 2018

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