CDMGF - Icade: Outperformance From The Second French REIT

2024-05-19 08:50:14 ET

Summary

• Icade, a French REIT, is considered a worthy and conservative investment with potential upside.
• The company has a solid portfolio of attractive assets and a net cash position, making it appealing for investors.
• Icade's valuation is currently discounted, offering a potential upside of 10-15% and a high dividend yield.

Dear readers/followers,

A week ago or so, I published an update article on Gecina (GECFF) - now the same thing has become relevant to do for the company Icade ( OTCPK:CDMGF ), which is the second Parisian/French REIT that I have invested in. While my position at the time of writing is currently at almost a negative RoR, I am completely and utterly unworried about the prospects of the business and the capital that I invested in it.

I'm of a very high conviction that there will be an eventual upside - that is why I continue to invest here, and why I believe there's merit in continual investment here....

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