7 November 2018 / Last updated : 21 November 2018 Federica Pivetti Presentations

2019-2021 Strategic Plan Presentation

The Plan is based on 3 pillars:

  • Innovation and operating excellence, particularly in commercial activities, marketing and sustainability
  • Asset Management focused on increasing the quality of the portfolio and strengthening the leadership positioning of assets. Strategic agreement signed with Coop Alleanza 3.0 which calls for a complete revision of the leases for 18 hypermarkets and the remodeling of 5 of them with a view to expanding the adjacent malls
  • Strengthening of the financial structure through rigorous financial discipline and asset rotation (Loan-to-Value expected to drop further to less than 45% over the plan period )
9 May 2018 / Last updated : 1 July 2018 Federica Pivetti Presentations

Results presentation as at 31 March 2018

IGD’s main results are: Further significant growth in recurring net income (FFO):  €18.3 million (+17.5%) Rental income: €35.6 million, +5.2 % (LFL Italy +1.9%, Romania +4.1%) Net rental income: €29 million, +6% Group net profit:  €16.7 million (+16.7%) Sales of retailers in Italian malls +2.9%; significant upside on renewed leases (Italy +3%; Romania +1.5%) Loan-to-value […]