French property group Icade said it is seeking a strategic partner for its property services business as part of a plan to refocus the company's property services division on activities 'where there are real synergies', the company said in a statement. Those activities consist of consulting, managing student housing and institutional property management, the company said.
French property group Icade said it is seeking a strategic partner for its property services business as part of a plan to refocus the company's property services division on activities 'where there are real synergies', the company said in a statement. Those activities consist of consulting, managing student housing and institutional property management, the company said.
'This refocusing will also include matching the activities of property management for individuals and facilities management to external parties presenting a credible industrial alternative, with Icade maintaining its contractual relations with the activities concerned,' the French REIT added.
