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Icade takes full ownership of Tour Eqho in La Defense, buying out 49% stake held by South Korean investors

PUBT·07/14/2026 07:06:43
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Icade takes full ownership of Tour Eqho in La Defense, buying out 49% stake held by South Korean investors
  • Icade bought the 49% stake held by South Korean investors in SAS Tour Eqho, taking 100% ownership of the Eqho tower.
  • Transaction followed lease renewals with KPMG and a new lease with the Hauts-de-Seine prefecture in 2025; the building is now fully let.
  • Icade flagged an implied yield above 8% and said the deal should lift recurring net cash flow.
  • The 42-story asset totals about 79,000 sq m in La Défense; it was already fully consolidated in group accounts.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Icade SA published the original content used to generate this news brief on July 13, 2026, and is solely responsible for the information contained therein.