麻豆映画

Skip to main content
Skip to navigation

Poste Immo teams up with Icade in Arcadea property JV

By A staff reporter 2009-03-13T00:00:00+00:00

France's Poste Immo and Icade are joining forces to create Arkadea, a new partnership aimed at optimising and boosting the value of Poste Immo's property portfolio. Poste Immo hopes the partnership will enable it to develop the potential of some of its residential and commercial assets, and in this way to create value for La Poste group. The company would not disclose the value of the portfolio currently being transferred to Arcadea.

France's Poste Immo and Icade are joining forces to create Arkadea, a new partnership aimed at optimising and boosting the value of Poste Immo's property portfolio. Poste Immo hopes the partnership will enable it to develop the potential of some of its residential and commercial assets, and in this way to create value for La Poste group. The company would not disclose the value of the portfolio currently being transferred to Arcadea.

Poste Immo, a 100% subsidiary of La Poste directed by Christian Cleret, has around 8 million m² of space. Recently, the group created an OPCI (a regulated non-listed property investment fund) with BNP REIM, and other institutional investors.