Financial news • 14 January 2021 07:30
At the end of 2020, Icade Promotion and Aberdeen Standard Investments signed off-plan sale agreements for two residential buildings in Rueil-Malmaison (Hauts-de-Seine) and two seniors’ residences with services in Villeneuve-Loubet (Alpes-Maritimes) and Toulouse (Haute-Garonne) for a total of nearly €64m excl. taxes. Revenue from these sales will mostly be recognised in 2021 and 2022.
