Icade's Purpose definition: a collaborative work
Icade's Purpose definition: a collaborative work
Icade's Purpose definition: a collaborative work
Icade was formed to meet France’s urgent need for housing and health infrastructure in the 1950s as a result of challenges posed by post-war reconstruction and a fast-growing population undergoing rapid transformations at that time. Icade was then known as SCIC.
After being the first to launch off-plan sales, Icade then built the first flexible dwellings to facilitate home ownership. It subsequently opened the first retirement homes followed by the first student residences with integrated services to meet the specific needs of all age groups. It next built multiple healthcare facilities. As a result of the office market boom, Icade expanded its property portfolio by developing offices and business parks to promote economic growth throughout the country.
Icade’s people underlying vocation has remained the same—to design the city of the future in addition to building and managing liveable spaces that encompass homes, offices, healthcare facilities, shops, childcare centres and green spaces for pleasant cities to live in.
As a responsible real estate player confronted with today’s climatic, ecological and societal challenges, our goal is to design the city of tomorrow and reinvent the spaces of the future.
In response to changing cities and lifestyles, we have made the well-being of all central to the design of our products— we co-design with future owners the home of their dreams; we have transformed our business parks into leafy, balanced and mixed-use neighbourhoods; and the healthcare facilities we build set the standard for the industry.
To ensure that our growth does not adversely impact the environment, we have made resource conservation a priority through: managing energy consumption in collaboration with our tenants by systematically using “green leases” (similar to the practice we initiated in the 1970s by involving resident councils and our stakeholders in the management of residential buildings); reducing the carbon footprint of our buildings by creating a platform dedicated to the reuse of construction materials available to all players involved in real estate; launching pilot sites for new environmental labels; building low-carbon structures; researching air quality in the buildings; and including urban agriculture in our projects.
These innovations have been made possible as a result of trust-based relationships which are built each and every day, both in Greater Paris and other large French cities, with local authorities, healthcare professionals, residents, companies and their employees. Benefiting from the support of our shareholders and engagement of our employees, they are key to the success of all our initiatives.
