Further step in the disposal of the Romanian portfolio, sale of an asset in Turda completed

IGD – Immobiliare Grande Distribuzione S.p.A. has signed, through its subsidiary Win Magazin S.A., an agreement for the sale of an asset in Turda, a city of about 50,000 inhabitants.

The property was acquired by the Municipality of Turda following the exercise of a right of pre-emption, as part of a project to convert and redevelop the area by the city administration, which also involves the Winmarkt commercial structure.

The building, spread over three floors, is fully let and hosts nine tenants.

The overall consideration of the sale is approximately €0,55 million, in line with its book value.

“Today’s sale further enhances the quality of our Romanian portfolio, which consists of assets located in central and strategic positions in major city centres, and confirms the full consistency and effectiveness of the path outlined in the 2025–2027 Business Plan, which provides for a gradual asset-by-asset disposal”, 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.

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