21 November 2025 12:22

Fourth sale completed in Romania

The sale of the “Winmarkt Oltul” shopping center in Slatina marks the progress of the program outlined in the 2025-2027 Business Plan

IGD – Immobiliare Grande Distribuzione S.p.A. announces the signing by its subsidiary, Win Magazin S.A., of a contract for the sale to a private investor of its Romanian shopping center, which is a leader in its catchment area.

The “Winmarkt Oltul” center is located in Slatina, a city of over 78,000 inhabitants, approximately 180 kilometres west of Bucharest. It is fully leased and houses 22 stores, including key tenants such as Carrefour Market, B&B Collection and Kendra.

The overall consideration for this transaction is approximately €2.4 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 16.2 million euros.

“This new sale confirms the effectiveness of the strategy we outlined in our 2025-2027 Plan, which we will intend to continue with determination in 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.