In 2004 IGD’s increases its interest in Gescom, the company involved in the promotion and management of shopping malls, from the 60% purchased in 2002 to 100%. Over time IGD’s real estate portfolio gradually becomes large enough to attract interest and the company develops extensive expertise in its specific businesses:..Approfondisci
With a portfolio of 7 shopping centers, 5 hypermarkets and 1 supermarket, which at the end of July 2005 were valued at €555.2 million, the Company will make its debut on the Italian stock exchange in February 2005 and undertake an investment pipeline which calls for investments of €810 million..Approfondisci
RGD, Riqualificazione Grande Distribuzione, which is owned 50% by IGD and 50% by Beni Stabili, has an initial real estate portfolio of two shopping centers, located in Ferrara and Nerviano, worth a total of €113.2 million.
The new business plan – approved before the end of the previous business plan in October 2005 – calls for €800 million in new investments, 70% of which will be allocated to core business activities – the acquisition, development and leasing of retail real estate, and continuous improvement of the..Approfondisci
