Bologna, 9 November 2020. IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., (“IGD” or the “Company”), one of the main player owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, advises that today has been published the minutes of the Board of Directors held on […]
More than 90% of the tenant negotiations finalized in Italy; all negotiations in Romania completed. Total rent collection[1] in the nine months, net of deferrals granted, at around 88% Recovery of footfalls at about 87% and September retailers’ sales reached 97% of 2019 level Net rental income: €89.7 million (-12.2%), including the estimated one-off impact […]
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. – announces that Fitch Ratings Ltd. confirmed the BBB- investment grade rating with negative outlook removing it from Rating Watch Negative: “The rating assigned reflects the rent collection rates which were higher than what Fitch estimated at the beginning of April, together with the commercial strategy adopted that […]
IGD has signed an agreement with Banca Monte dei Paschi di Siena for a 6-year €36.3 million loan, guaranteed by Sace as part of the Garanzia Italia program (the rate, including the cost of the government guarantee, is in line with the Group’s average cost of debt).
In light of the resolution approved during the Ordinary Shareholders’ Meeting held on 11 June 2020 which revoked the prior authorization granted on 10 April 2019 for the purchase of treasury shares, Immobiliare Grande Distribuzione SIIQ S.p.A.’s liquidity enhancement program was terminated and, therefore, the contract with the broker Kepler Cheuvreux SA, which expired on […]
The information requested relating to the activity carried out by the broker Kepler Cheuvreux SA to enhance liquidity of the shares of IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. between 1 June 2020 and 31 August 2020 is provided below. It should be remembered that, as announced to the market on May, 7th, while […]
