Prestigious Address in Florida
“A prime location and a twelve-year lease make this project a stable, low-risk cash flow investment.”
Daniel Vopat, Investment Manager
The Belcan Property building in West Palm Beach County, Florida, about an hour north of Miami, was ICP’s first acquisition in the United States. Named after its sole tenant, Belcan, a global company founded in 1958, operating in 30 countries, employing over 9,000 people, and generating annual revenue around one billion dollars. Belcan is part of the Cognizant group, which is listed on the S&P 500.
“The property is in excellent technical condition. It was fully renovated before the acquisition, and between 2020 and 2021, we also replaced the roof,” explains Daniel Vopat. The building offers exceptional parking with 540 spaces. The expansive nearly 3-hectare site also has potential for additional development, making the project even more attractive.
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