16 December 2025 8:41

Disposals in Romania continue

Sale of “Winmarkt Diana” Shopping Centre in Tulcea Finalised, Marking Fifth Disposal of 2025

IGD – Immobiliare Grande Distribuzione S.p.A. announces that its subsidiary Win Magazin S.A. has executed the sale agreement for the “Winmarkt Diana” shopping centre in the Romanian city of Tulcea (over 65,000 inhabitants, 300 km east of Bucharest), to a local private investor.

The shopping centre, a leader in its catchment area, is fully leased and features 27 stores, including key tenants such as Fraher Market, H&M, Flanco, Pepco, Orange, and Lensa.

The overall consideration of the sale is approximately €5.6 million, in line with its book value.

The cost of any technical adaptation works will be borne by the seller.

As a result of this transaction, the total value of the Romanian portfolio assets sold during 2025 rises to approximately 21.8 million euros.

“The sale of the “Winmarkt Diana” centre allows us to close 2025 with disposals exceeding the targets set for the year. This confirms the strength of the path outlined in our 2025-2027 Plan, which we will pursue with determination throughout 2026”, commented Roberto Zoia, Chief Executive Officer and General Manager of IGD SIIQ S.p.A.

In this sale, IGD was represented by CBRE Romania as exclusive real-estate consultant and by Dentons as legal advisor.