Primary goal of the Plan is the proactive management of the assets in order to prepare them for the future and the new market challenges: the company expects a return to organic growth based on sustainability and innovation The Plan is featured by three areas of action: acceleration of commercial and marketing strategy with a […]
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., one of the main player owner and manager of retail shopping centers in Italy and listed on the Euronext STAR Milan segment of the Italian Stock Exchange, advises that, in accordance with Consob Resolution n.11971 of 14 May 1999, as amended, the Interim Financial Report as at 30 […]
Good performances in June- September, the first four-month period without restrictions and fully comparable with 2019: tenant sales -0.2% and roughly 85% of the footfalls recovered; average ticket up +21.7% in September vs. Sept.2019 Rent collection 9M2021: in Italy c. 86%[1]; in Romania c. 96% Financial occupancy higher vs FY2020: Italy 95.40%, +114bps; Romania 94.93%, […]
IGD SIIQ S.p.A announces the signing of an agreement with ICG’s Sale & Leaseback Fund (“ICG”) for the sale of a portfolio of “stand alone” hypermarkets and supermarkets for €140 million
Bologna, 10 August 2021. IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., 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 the Half-Year Financial Statement as at 30 June 2021 approved by the Board of Directors on 5 […]
Strong rebound in June, first full month without restrictions, which confirms the validity of the business model: retailers’ sales +0.3%, average ticket +20.3% and 85% of footfalls recovered vs June 2019 Rent collection 1H 2021: in Italy around 83%[1]; in Romania around 93% Financial occupancy higher vs FY 2020: Italy 95,3%, +100bps; Romania 94.3%, +70bps […]
IGD advises that, the Interim Financial Report as at 31 March 2021 is available upon request at the Company’s registered office, on the Company’s website http://eng.gruppoigd.it, as well as on the authorized storage system eMarketSTORAGE www.emarketstorage.com, managed by Spafid Connect S.p.A..
The restrictions in place for shopping center operations continue to weigh heavily on the sector “One-off” COVID impact of €4 million recognized in 1Q 2021 Net rental income: €26.2 million (-20.7%) FFO: €8 million (-33.3%) Notes falling due redeemed in full with significant cash on hand at the end of the reporting period of €86 […]
