IGD – Immobiliare Grande Distribuzione S.p.A. (the “Company”) announces that a secured facility agreement for a maximum loan amount of 615 million euros was signed earlier today with a pool of leading national and international banks and institutions including, as Mandated Lead Arrangers, Intesa Sanpaolo S.p.A.- IMI CIB Division (which also acts as global coordinator, […]

IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”), listed on the STAR segment of the Italian Stock Exchange, releases the financial calendar 2025.   The financial calendar for 2025 is presented below: 6 March 2025 Board of Directors’ meeting to approve the draft separate and consolidated financial statements as of 31 December […]

The primary objective of the new Business Plan is to embark on a growth path with a return to consistent and sustainable dividend distribution Main economic and financial targets as of 2027:  Net Rental Income: like for like increase ~ +16%[1] (vs. 2024E)  Core business Ebitda: ~ €98 million1 (organic growth of ~ +16% vs. […]

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 […]

Net rental income: €85.2 million (+3.7% vs 9M2023R[1]; +4.4% like-for-like) Upside on 3Q 2024 renewals: Italy +8%; Romania +0.6% Malls Italy: tenant sales -0.2%; footfalls +0.7% (vs 9M2023) Funds From Operations (FFO): €26.3 million (-31.0% vs 9M2023R1) Loan-to-Value: 44.8% 2024 FFO guidance confirmed 21 November 2024: Presentation of the 2025-2027 Business Plan in Milan   […]

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 segment of the Italian Stock Exchange, advises that the Half-Year Financial Statement as at 30 June 2024 approved by the Board of Directors on 1 August 2024, together […]

NET RENTAL INCOME GROWS ON A LIKE-FOR-LIKE BASIS Net Rental Income: €59 million; +4.5% like-for-like   GOOD RESULTS FROM THE ‘SERVICES FOR THIRD PARTIES’ BUSINESS UNIT Two medium-sized stores in Clodi Shopping Center remarketed for Prelios (Food Fund)   VALUATIONS LARGELY STABLE Market Value  of  Freehold Assets: €1,697.2 mn; -0.5% versus 31 December 2023 like-for-like […]

The new 2025-2027 Business Plan will primarily focus on:  Increase portfolio profitability by leveraging innovation  Generate additional value through our ‘Services for Third Parties’ Business Unit, with the aim of becoming a key player in the retail market  Invest to keep assets modern and attractive, improve their environmental sustainability, their  technological and digital profile  Enhance […]

IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. – announces, as anticipated when the results at 31 March 2024 were presented, that it will present the strategic guidelines for the new 2025- 2027 Business Plan to the market on July 4th. The Plan will then be finalized and the complete version will be presented by the […]

IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., one of the main players in Italy’s retail real estate sector and listed on Borsa’s Italiana’s Euronext STAR segment, has apppointed Marcello Melloni Financial Reporting Officer (Art. 154-bis of Legislative Decree 58/1998 — Testo Unico della Finanza), and head of the Company’s Administration Division. Melloni, in IGD since […]