Icade: Invest Securities' preferred real estate asset

In a note on real estate, Invest Securities said comfort in its recommendations and privilege for 2019 two properties, namely Unibail-Rodamco-Westfield and Icade, with respective price targets of 206 and 82 euros.

"They both offer satisfactory growth prospects and a strong visibility on the growth of a dividend already providing a high yield," says the analyst in charge of the file.

The bureau points out that in a world economy with long dark prospects, the prospect of rising interest rates, which had penalized its 2018 recommendations, is more remote than a year ago.

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