IGD’s Chief Executive Officer, Claudio Albertini, discusses two recent events which, along with the economic – financial results achieved in the first nine months of the year, make it possible to confirm the guidance calling for an increase in FFO of 7/8% in FY 2021.
The new picture also points to the concrete possibility that payment of a dividend will be resumed already next year, while the new Business Plan through 2024, which will be presented mid-December 2021, will provide greater visibility as to future targets and returns.
Even though the results at 30 September 2021 were, overall, affected by the anti-Covid restrictions, in the last few months – particularly beginning in June – there has been an improvement in the operating conditions with clear signs of a return to normalcy. In the four month period June-September, retailers’ sales have already reached levels […]
On 21 October IGD announced that it had reached an agreement for the sale to ICG – Intermediate Capital Management of a portfolio of assets comprising five hypermarkets and a supermarket. The transaction value is close to the book value at 30 June 2021 or €140 million, which makes it one of the most significant […]
In this edition we will talk about: IGD’s partnership in a new circular economy project, AND, focused on collecting used clothing and the opening of the first AND store at Centro Borgo obtaining “Biosafety Trust Certification” for IGD’s headquarters and for 7 Shopping Centers the “EPRA Sustainability Best Practices Recommendations (sBPR) Gold Award” received for […]
IGD is seeing clear signs of recovery in the sales of the mall retailers. In the meantime, the digital marketing project is taking on an increasingly more precise form, as is the Next Steps project which focuses on new ways to understand shoppers changing preferences. Let’s learn more about these topics from Daniele Cabuli, Chief […]
While the overall mood of the equity markets remains positive, thanks to abundant liquidity, M&A and the expansive economic policies adopted in response to the pandemic, beginning early June there has been a correction in the retail real estate segment. The sentiment of brokers and investors, first fueled by the prospects of reopening and uptick […]