{"id":4347,"date":"2017-09-13T13:16:13","date_gmt":"2017-09-13T11:16:13","guid":{"rendered":"https:\/\/www.gruppoigd.it\/chi-siamo\/la-nostra-storia\/"},"modified":"2020-07-27T08:43:40","modified_gmt":"2020-07-27T06:43:40","slug":"our-history","status":"publish","type":"page","link":"https:\/\/www.gruppoigd.it\/en\/who-we-are\/our-history\/","title":{"rendered":"Our history"},"content":{"rendered":"
2024<\/span><\/div>
<\/div><\/div>
26 November 2024<\/div><\/div>
<\/div><\/div>

MAPIC Award 2024: \u201cBest urban regeneration project\u201d for Porta a Mare Waterfront in Livorno<\/a><\/h2>
\"MAPIC<\/a><\/div>

During the Mapic Awards 2024 Gala Dinner, the awards ceremony for the most successful retail projects promoted by MAPIC \u2013 THE INTERNATIONAL RETAIL PROPERTY MARKET, IGD SIIQ was awarded the prestigious international \u201cBest Urban Regeneration Project\u201d award for the Porta a Mare Waterfront project in Livorno.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

21 November 2024<\/div><\/div>
<\/div><\/div>

New Industrial Plan 2025-2027 \u2018Committed to change\u2019 presented<\/a><\/h2>
\"New<\/a><\/div>

The Board of Directors of IGD approved the 2025-2027 Business Plan. The priorities of the new strategy were: pptimize the Group\u2019s financial profile and reduce costs, maximize value creation from core business activities, enhance attractiveness of IGD portfolio through targeted and ESG compliant investments.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

23 April 2024<\/div><\/div>
<\/div><\/div>

Real estate portfolio disposal finalised<\/a><\/h2>
\"Real<\/a><\/div>

IGD finalised the sale to Sixth Street and controlled affiliates of Starwood Capital and Prelios SGR S.p.A. of a real estate portfolio for \u20ac258 million, comprised of 8 hypermarkets (located in Chioggia, Porto d\u2019Ascoli, Roma, Rimini, Conegliano, Ascoli Piceno and 2 in Bologna), 3 supermarkets (located in Civita Castellana, Ravenna and Rome) and 2 shopping malls (located in Bologna and Chioggia).<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

18 April 2024<\/div><\/div>
<\/div><\/div>

New Board of Directors appointed for the three-year period 2024-2026<\/a><\/h2>
\"New<\/a><\/div>

The new Board of Directors of IGD, appointed during the Annual General Meeting held on 18 April 2024 for the three-year period 2024 \u2013 2026, appointed Antonio Rizzi<\/strong> Chairman of the Board of Directors, Edy Gambetti Vice Chairman of the Board of Directors and Roberto Zoia<\/strong> Chief Executive Officer and General Manager.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2023<\/span><\/div>
<\/div><\/div>
23 November 2023<\/div><\/div>
<\/div><\/div>

Opened the restyled Portogrande Shopping Center in San Benedetto del Tronto<\/a><\/h2>
\"Opened<\/a><\/div>

An important property in a key region: more than 20 thousand square meters where, in addition to Ipercoop, there is a well-balanced mix of domestic and global brands, as well as examples of local excellence<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

14 November 2023<\/div><\/div>
<\/div><\/div>

New senior bond issue<\/a><\/h2>
\"New<\/a><\/div>

The new senior, non-subordinated and non-convertible bond, issued on 17 November 2023 and which will mature on 17 May 2027, is listed on the Euronext Dublin Global Exchange Market and on the Euronext Access Milan Market and has a total nominal amount of Euro 310,006,000.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

13 September 2023<\/div><\/div>
<\/div><\/div>

Officine Storiche at Porta a Mare in Livorno opens its doors<\/a><\/h2>
\"Officine<\/a><\/div>

Thanks to the renewal of Officine Storiche, today the entire Porta a Mare area in Livorno looks like a multi-use waterfront, perfectly integrated into the urban fabric. It represents a link between \u00a0past and present, between industrial architecture and former shipyards, which creates a\u00a0new horizon for Livorno<\/strong>. Officine Storiche comprises 42 residential units and a retail area with 5 medium-sized stores, 21 retail shops \u00a0and a 4,700 square meter fitness center.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

9 May 2023<\/div><\/div>
<\/div><\/div>

IGD executed a green secured facility agreement for an amount equal to Euro 250 million<\/a><\/h2>
\"IGD<\/a><\/div>

IGD has executed with a pool of primary national and international banks and institutions a secured facility agreement pursuant to which the relevant lenders make available to the Company a green secured facility of Euro 250 million, with five years maturity. It is envisaged that the facility will be mainly utilized to finance and\/or refinance, in whole or in part, the so-called \u201cEligible Green Projects\u201d, as well as for general corporate purposes.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2022<\/span><\/div>
<\/div><\/div>
25 November 2022<\/div><\/div>
<\/div><\/div>

IGD obtained the Biosafety Trust Certification for the entire portfolio of properties<\/a><\/h2>
\"IGD<\/a><\/div>

On 25 November 2022 IGD obtained the\u00a0BIOSAFETY TRUST CERTIFICATION\u00a0<\/strong>for the offices located in Bologna, as well as a portfolio of 7 Shopping Centers,\u00a0CentroSarca<\/a>\u00a0in Sesto S. Giovanni (MI),\u00a0Con\u00e8<\/a>\u00a0in Conegliano (TV),\u00a0ESP<\/a>\u00a0in Ravenna,\u00a0Puntadiferro<\/a>\u00a0in Forl\u00ec,\u00a0Tiburtino<\/a>\u00a0Shopping Center in Rome,\u00a0Le Porte di Napoli<\/a>\u00a0in Naples and\u00a0Katan\u00e8<\/a>\u00a0in Catania, already obtained in 2021, to which were added the remaining 18 Shopping Centers, thus covering the\u00a0entire portfolio of properties<\/strong>.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

10 November 2022<\/div><\/div>
<\/div><\/div>

Opened the restyled “La Favorita” Shopping Center in Mantua<\/a><\/h2>
\"Opened<\/a><\/div>

On November 10th IGD SIIQ\u00a0inaugurates the restyled<\/strong>\u00a0interior and exterior of the \u201cLa Favorita\u201d Shopping Center in Mantua with a four-day program\u00a0full of entertainment<\/strong>.<\/p>\n

\u00a0<\/strong>As a result of the restyling, new green areas and walkways were created to accommodate outdoor dining and lounge areas, and a visible connection between the shopping center, cinema and sports arena was defined.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2 August 2022<\/div><\/div>
<\/div><\/div>

The Company and a pool of primary national and international lenders executed a green facility agreement for an amount equal to euro 215 million<\/a><\/h2>
\"The<\/a><\/div>

IGD announces that today it has executed with BNP Paribas in its capacity of Global Coordinator and Green Coordinator and Banca Nazionale del Lavoro S.p.A., Banco BPM S.p.A., Cassa Depositi e Prestiti S.p.A., China Construction Bank, Deutsche Bank S.p.A., Intesa Sanpaolo S.p.A. and MPS Capital Services Banca per le Imprese S.p.A., in their capacity of Arrangers and Lenders, a facility agreement pursuant to which the relevant lenders make available to the Company a green facility of Euro 215 million, with three years maturity and an extension option in favor of the Company up to five years.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2021<\/span><\/div>
<\/div><\/div>
14 December 2021<\/div><\/div>
<\/div><\/div>

Approved the 2022-2024 Business Plan<\/a><\/h2>
\"Approved<\/a><\/div>

Primary goal of the Plan is the proactive management of the assets in order to prepare them for the future and the new market challenges: the company expects a return to organic growth based on sustainability and innovation.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

25 November 2021<\/div><\/div>
<\/div><\/div>

Sale of a portfolio of \u201cstand alone\u201d hypermarkets and supermarkets<\/a><\/h2>
\"Sale<\/a><\/div>

IGD sold a real estate portfolio comprised of 5 hypermarkets (located in Livorno, Schio, Lugo, Pesaro and Senigallia) and 1 supermarket (in Cecina) for \u20ac140 million, in line with the book value at 30 June 2021. All the properties sold are \u201cstand alone\u201d and not connected to IGD\u2019s freehold malls.\u00a0The transaction was finalized by transferring the entire real estate portfolio to \u201cFondo Juice\u201d \u2013<\/strong>\u00a0a closed end real estate alternative investment fund (an Italian AIF).<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

20 April 2021<\/div><\/div>
<\/div><\/div>

Appointed the new Board of Directors<\/a><\/h2>
\"Appointed<\/a><\/div>

The shareholders, during the meeting held on 15 April 2021, appointed the Board of Directors that will remain in office for the next three years, through the Annual General Meeting called to approve the 2023 Annual Report. Subsequently the new Board of Directors called upon Rossella Saoncella to act as Chairman of the Board of Directors and confirmed Claudio Albertini as Chief Executive Officer. The Director Stefano Dall\u2019Ara was appointed Vice Chairman of the Board of Directors.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

1 March 2021<\/div><\/div>
<\/div><\/div>

Redeemed, in full, the Notes denominated \u201c\u20ac300,000,000 2.500 per cent. Notes due 31 May 2021\u201d<\/a><\/h2>
\"Redeemed,<\/a><\/div>

IGD has redeemed in full the Notes, for an aggregate principal amount equal to Euro 70,793,000, and therefore cancelled the Notes.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2020<\/span><\/div>
<\/div><\/div>
20 April 2020<\/div><\/div>
<\/div><\/div>

UNI ISO 37001:2016 \u201cAnti bribery management system” certification obtained<\/a><\/h2>
\"UNI<\/a><\/div>

On 20 April 2020, IGD obtained UNI ISO 37001:2016 \u201cAnti-bribery management system\u201d certification, the international standard for anti-corruption management systems issued by RINA Services S.p.A., an independent certifier accredited by Accredia (a national accrediting entity for certifications and inspections appointed by the government) and the Italian leader in compliance certification.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

23 February 2020<\/div><\/div>
<\/div><\/div>

Covid-19 pandemic begins<\/a><\/h2>
\"Covid-19<\/a><\/div>

Following the spread of Covid-19 in\u00a0Italy\u00a0and the consequent health emergency, beginning 23 February 2020 different local administrations and the national government\u00a0gradually\u00a0put more\u00a0restrictive\u00a0measures\u00a0in place for\u00a0our\u00a0shopping centers,\u00a0initially\u00a0in the Milan area, subsequently in\u00a0Lombardy\u00a0and a\u00a0few\u00a0regions\u00a0of\u00a0northern\u00a0Italy\u00a0and,\u00a0lastly,\u00a0as\u00a0of 12 March 2020 (Presidential\u00a0Decree\u00a0of 11 March 2020), throughout Italy.\u00a0The\u00a0same\u00a0situation\u00a0occurred\u00a0in\u00a0Romania,\u00a0starting\u00a0from 22 March 2020, the government has adopted restrictive measures very similar to\u00a0those\u00a0in force in\u00a0Italy.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2019<\/span><\/div>
<\/div><\/div>
28 November 2019<\/div><\/div>
<\/div><\/div>

Repurchase and cancellation of certain notes and issue of new notes<\/a><\/h2>
\"Repurchase<\/a><\/div>

IGD announces that today the Notes denominated \u201c\u20ac300,000,000 2.500 per cent. Notes due 31 May 2021<\/em>\u201d and \u201c\u20ac162,000,000 2.650 per cent. Notes due 21 April 2022<\/em>\u201d\u00a0tendered to the offer launched by BNP Paribas S.A. \u2013 whose settlement was on 22 November 2019 \u2013 were repurchased.\u00a0Moreover, the new notes of a nominal amount of Euro 400,000,000, maturity 28 November 2024 and fixed rate of 2.125% per year.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

19 November 2019<\/div><\/div>
<\/div><\/div>

Opening of the restyled Le Fonti del Corallo shopping center<\/a><\/h2>
\"Opening<\/a><\/div>

Over the past weekend IGD celebrated the restyling of the mall in the\u00a0Le Fonti del Corallo<\/a>\u00a0Shopping Center in Livorno. Footfalls recorded during the two days of festivities were 14.6% higher than in the same period of 2018, testimony to the success of center\u2019s relaunch.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

29 October 2019<\/div><\/div>
<\/div><\/div>

Opening of the restyled Centro Casilino shopping center in Rome<\/a><\/h2>
\"Opening<\/a><\/div>

IGD opened the restyled mall in the Casilino Shopping Center in Rome. The footfalls recorded during the three days of events were up by 11.4% compared to the same weekend in 2018, reflecting the success of the relaunch of the center.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

22 October 2019<\/div><\/div>
<\/div><\/div>

Fitch assigns a rating “BBB-“; outlook stable<\/a><\/h2>
\"Fitch<\/a><\/div>

The rating agency Fitch Ratings Ltd (\u201cFitch\u201d) has assigned IGD a long-term issuer default rating of \u201cBBB-\u201d with a stable outlook.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

30 September 2019<\/div><\/div>
<\/div><\/div>

IGD signs final contracts for the sale of assets<\/a><\/h2>
\"IGD<\/a><\/div>

IGD announces that today it has signed with a premiere international real estate player final contracts involving: the sale by Porta Medicea Srl of \u201cPalazzo Orlando\u201d, an office building in Livorno and the purchase by IGD of the 50% interest in the \u201cDarsena City\u201d Shopping Mall of which it is currently joint-owner.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

23 April 2019<\/div><\/div>
<\/div><\/div>

S&P Global Ratings assigns IGD a \u201cBBB-\u201d rating; outlook stable<\/a><\/h2>
\"S&P<\/a><\/div>

The rating agency S&P Global Ratings has assigned IGD \u2013 Immobiliare Grande Distribuzione SIIQ S.p.A.\u00a0 a \u00a0\u201cBBB-\u201c rating with outlook stable.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2018<\/span><\/div>
<\/div><\/div>
7 November 2018<\/div><\/div>
<\/div><\/div>

Approved the 2019-2021 Strategic Plan<\/a><\/h2>
\"Approved<\/a><\/div>
\n
\n
\n
\n

The Strategic Plan focuses on strengthening and maintaining the sustainability of the shopping centers\u2019 leadership in their respective catchment areas, in order to be ready to face the market changes underway and future challenges.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

16 October 2018<\/div><\/div>
<\/div><\/div>

IGD and a pool of lenders executed a facility agreement for an amount equal to Euro 200 million<\/a><\/h2>
\"IGD<\/a><\/div>
\n
\n
\n
\n

IGD has executed with a pool of lenders, including BNP Paribas Italian Branch, a senior unsecured facility of Euro 200 million, with three years maturity and an extension option up to five years.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

 <\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

1 June 2018<\/div><\/div>
<\/div><\/div>

Appointed the new Board of Directors<\/a><\/h2>
\"Appointed<\/a><\/div>
\n
\n
\n
\n

The shareholders appointed the Board of Directors that will remain in office for the next three years, through the Annual General Meeting called to approve the 2020 Annual Report, setting the number of directors at 11.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

18 April 2018<\/div><\/div>
<\/div><\/div>

Completion of the acquisition of a portfolio of four shopping malls and a retail park<\/a><\/h2>
\"Completion<\/a><\/div>
\n
\n
\n
\n

IGD signed the final agreement for the acquisition of four shopping malls and a retail park located in Northern Italy, part of significant shopping centres in their respective catchment areas (Centro Leonardo in Imola, Centro Lame in Bologna, La Favorita in Mantova and CentroLuna in Sarzana).<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

 <\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2017<\/span><\/div>
<\/div><\/div>
6 September 2017<\/div><\/div>
<\/div><\/div>

Claudio Albertini appointed member of EPRA’s Advisory Board<\/a><\/h2>
\"Claudio<\/a><\/div>

Claudio Albertini, the Company\u2019s Chief Executive Officer was appointed member of EPRA (European Public Real Estate Association)\u2019s Advisory Board<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

1 June 2017<\/div><\/div>
<\/div><\/div>

ESP shopping center in Ravenna double the size<\/a><\/h2>
\"ESP<\/a><\/div>

ESP becomes the most significant asset in IGD\u2019s portfolio in terms of value and one of the biggest shopping centers in Italy.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

19 April 2017<\/div><\/div>
<\/div><\/div>

Elio Gasperoni appointed new Chairman of the Board of Directors<\/a><\/h2>
\"Elio<\/a><\/div>

The Board of Directors appointed Elio Gasperoni, formerly a director of IGD SIIQ and Vice Chairman of Coop Alleanza 3.0, to act as the new Chairman of the Board of Directors .<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

11 January 2017<\/div><\/div>
<\/div><\/div>

Private placement of the 100 million bond to an American investor: a a step forward in the financial strategy<\/a><\/h2>
\"Private<\/a><\/div>

IGD announces that the settlement has occurred in respect of the private placement and the issuance of Euro 100,000,000 unsecured non-convertible bond with a 7years maturity.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2016<\/span><\/div>
<\/div><\/div>
27 October 2016<\/div><\/div>
<\/div><\/div>

IGD grows again: the new Marema\u2019 shopping center inaugurated today in Grosseto<\/a><\/h2>
\"IGD<\/a><\/div>

Marem\u00e0 promises to be an important point of reference for shopping with a mall that covers a gross leasable area (GLA) of 17,110 m2<\/sup> comprised of 44 shops and 7 internal midsize stores.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

25 May 2016<\/div><\/div>
<\/div><\/div>

New 300 million euro bond issue<\/a><\/h2>
\"New<\/a><\/div>

Successful completion today of the placement of an unsecured, non-convertible EUR 300 million bond with qualified investors.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

18 May 2016<\/div><\/div>
<\/div><\/div>

Moody’s assigns to IGD a preliminary rating (P)Baa3 with a stable outlook<\/a><\/h2>
\"Moody’s<\/a><\/div>

The rating agency Moody\u2019s assigns IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. with\u00a0 a provisional first-time long-term issuer rating of \u00a0\u201c(P)Baa3\u201d with a stable outlook.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

10 May 2016<\/div><\/div>
<\/div><\/div>

Approved the update of the Business Plan 2016-2018<\/a><\/h2>
\"Approved<\/a><\/div>

The Business Plan was updated in order to reflect both the changing global market conditions, as well as, in particular, the acquisition completed year-end 2015.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

3 March 2016<\/div><\/div>
<\/div><\/div>

The market value of IGD\u2019s portfolio exceeds the 2 billion euro threshold<\/a><\/h2>
\"The<\/a><\/div>

The IGD Group\u2019s real estate porfolio reached a market value of 2,082 million euros, showing a\u00a0 6.7% increase compared to 31 December 2014.<\/p>\nRead more<\/a><\/div><\/div><\/div><\/div>\r\n

2015<\/span><\/div>
<\/div><\/div>
16 December 2015<\/div><\/div>
<\/div><\/div>

Purchased the Puntadiferro shopping mall in Forl\u00ec<\/a><\/h2>
\"Purchased<\/a><\/div>

IGD finalized the purchase from UnipolSai Assicurazioni S.p.A. of 100% of Punta di Ferro S.r.l.\u2019s\u00a0 share capital for \u20ac127.9 million.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

27 May 2015<\/div><\/div>
<\/div><\/div>

The real estate complex on Via Rizzoli, in the historic heart of Bologna, sold to UBS<\/a><\/h2>
\"The<\/a><\/div>

IGD finalized the sale of the real estate complex on Via Rizzoli, in the historic heart of Bologna, to UBS Real Estate GmbH.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

14 May 2015<\/div><\/div>
<\/div><\/div>

Thursday, 14 May 2015, new Clodi Retail Park opened<\/a><\/h2>
\"Thursday,<\/a><\/div>

Thursday, 14 April at 10:00 a.m. the new Chioggia retail park will be presented to the public:\u00a0 more than 16 thousand square meters will house 1 Ipercoop, 6 midsize stores, 6 shops and 2 restaurants.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

7 May 2015<\/div><\/div>
<\/div><\/div>

The Board of Directors approves the Business Plan 2015\u20132018<\/a><\/h2>
\"The<\/a><\/div>

The IGD Group\u2019s Business Plan 2015-2018 takes into account the first concrete signs of a reversal in the global economic trend, reflected in the upward revision of all the growth forecasts for Italy.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

17 April 2015<\/div><\/div>
<\/div><\/div>

Appointed the new Board of Directors<\/a><\/h2>
\"Appointed<\/a><\/div>

Gilberto Coffari confirmed as Chairman of the Board of Directors and Claudio Albertini as Chief Executive Officer; the number of directors reduced from 15 to 13 and 2 directors appointed from the minority list.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2014<\/span><\/div>
<\/div><\/div>
24 October 2014<\/div><\/div>
<\/div><\/div>

Approx. 200 million euro share capital increase successfully completed and purchase of a real estate portfolio finalized<\/a><\/h2>
\"Approx.<\/a><\/div>

Share capital increase successfully completed and fully subscribed for an amount of Euro 199,678,059.50 and the purchase of a real estate portfolio comprising a shopping center, two hypermarkets and two supermarkets was finalized.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

30 May 2014<\/div><\/div>
<\/div><\/div>

Completion of the third Dividend Reinvestment Option for the year 2013<\/a><\/h2>
\"Completion<\/a><\/div>

Today the public offer to subscribe 15,640,526 newly issued ordinary shares of IGD, reserved for recipients of the dividend for 2013 (the so-called “Dividend Reinvestment Option”), was completed.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

3 March 2014<\/div><\/div>
<\/div><\/div>

Quantm Strategic Partners ltd. acquires 5% of the share capital of IGD SIIQ SPA<\/a><\/h2>
\"Quantm<\/a><\/div>

On 28 February 2014 IGD sold all of its 10,976,592 treasury shares or approximately 3.15% of the share capital, to Quantum Strategic Partners Ltd., a fund managed by Soros Fund Management LLC.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

13 February 2014<\/div><\/div>
<\/div><\/div>

IGD sells the mall of the Fonti del Corallo Shopping Center in Livorno<\/a><\/h2>
\"IGD<\/a><\/div>

IGD signed a preliminary agreement for the sale of the mall in the Fonti del Corallo Shopping Center in Livorno to a private real estate fund managed by BNP Paribas REIM Sgr, advised by CBRE.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2013<\/span><\/div>
<\/div><\/div>
19 December 2013<\/div><\/div>
<\/div><\/div>

The Board of Directors approves the Business Plan 2014-2016<\/a><\/h2>
\"The<\/a><\/div>

The Board of Directors unanimously approved the Business Plan 2014 \u2013 2016, updated to reflect the changed global market conditions.\u00a0 The Plan focuses on sustainable portfolio management and the existing pipeline, as well as improving the financial indicators.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

31 May 2013<\/div><\/div>
<\/div><\/div>

Completion of the second Dividend Reinvestment Option for 2012<\/a><\/h2>
\"Completion<\/a><\/div>

Today the public offer to subscribe 23,633,236 newly issued ordinary shares of IGD, reserved for recipients of the dividend for 2012, was completed\u00a0(i.e. Dividend Reinvestment Option<\/em>).<\/p>\n<\/div><\/div><\/div><\/div>\r\n

14 April 2013<\/div><\/div>
<\/div><\/div>

Final results of the offer to exchange convertible bonds for newly issued senior notes<\/a><\/h2>
\"Final<\/a><\/div>

At the expiration of the Exchange Offer the Company had received subscriptions representing a total nominal amount of Convertible Bonds equal to EUR 122,900,000.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

28 March 2013<\/div><\/div>
<\/div><\/div>

First step toward the environmental certification of our portfolio<\/a><\/h2>
\"First<\/a><\/div>

IGD, together with its subsidiary IGD Management Srl, received ISO14001 environmental certification from DNV Business Assurance for the shopping centers CentroSarca in Sesto San Giovanni (MI), I Bricchi di Isola in Asti (AT), Gran Rond\u00f2 in Crema (CR) and Mondovicino in Mondov\u00ec (CN).<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2012<\/span><\/div>
<\/div><\/div>
2 October 2012<\/div><\/div>
<\/div><\/div>

The Board of Directors approves the Business Plan 2012-2015<\/a><\/h2>
\"The<\/a><\/div>

The Board of Directors unanimously approved the new Business Plan 2012 \u2013 2015, which focuses on the sustainability of the Group\u2019s revenue, cost of funding and asset values.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

1 June 2012<\/div><\/div>
<\/div><\/div>

Completion of the first Dividend Reinvestment Option for 2011<\/a><\/h2>
\"Completion<\/a><\/div>

Today the public offer to subscribe 29,827,267 newly issued ordinary shares of IGD, reserved for recipients of the dividend for 2011, was completed.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2011<\/span><\/div>
<\/div><\/div>
12 July 2011<\/div><\/div>
<\/div><\/div>

Acquisition of the hypermarket found inside the “La Torre” shopping center in Palermo<\/a><\/h2>
\"Acquisition<\/a><\/div>

The definitive agreement for the sale and subsequent lease of the hypermarket found inside the \u201cLa Torre\u201d\u00a0 Shopping Center in Palermo have been signed today. As a result of today\u2019s acquisition, the IGD Group owns 100% of the shopping center in Palermo.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

30 June 2011<\/div><\/div>
<\/div><\/div>

Acquisition of the hypermarket found inside the “Con\u00e8” shopping center in Conegliano Veneto<\/a><\/h2>
\"Acquisition<\/a><\/div>

The agreement for the sale and subsequent lease of the hypermarket found inside the Cone\u00a0 Shopping Center in Conegliano Veneto have been signed today. As a result of the acquisition IGD owns 100% of the Con\u00e8 Shopping Center and Retail Park.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

25 March 2011<\/div><\/div>
<\/div><\/div>

IGD’s portfolio is enriched by a real estate complex in the heart of Bologna<\/a><\/h2>
\"IGD’s<\/a><\/div>

IGD signed a preliminary agreement with Leggenda S.r.l. (the Stefanel Group) for the purchase of a real estate complex on Via Rizzoli,\u00a0 Bologna\u2019s main shopping street, in the historical heart of the city.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

16 March 2011<\/div><\/div>
<\/div><\/div>

Acquisition of a business line of the \u201cGran Rond\u00f2\u201d shopping mall in Crema<\/a><\/h2>
\"Acquisition<\/a><\/div>

Il Gruppo, che gi\u00e0 possedeva dal dicembre 2008 l\u2019immobile adibito a galleria e gli uffici all\u2019interno del centro commerciale Gran Rond\u00f2 di Crema (Cr), unifica in questo modo la propriet\u00e0 immobiliare e il ramo d\u2019azienda, con l\u2019obiettivo di ottenere migliori risultati dalla galleria grazie ad una gestione diretta.<\/p>\n

 <\/p>\n<\/div><\/div><\/div><\/div>\r\n

2010<\/span><\/div>
<\/div><\/div>
15 December 2010<\/div><\/div>
<\/div><\/div>

Disposal of two shopping centers through the sale of the stake in RGD to Beni Stabili S.p.A.<\/a><\/h2>
\"Disposal<\/a><\/div>

IGD sold two (Beinasco and Nerviano) of the three shopping centers owned by RGD, through the sale of the stake in the latter.<\/strong><\/p>\n<\/div><\/div><\/div><\/div>\r\n

25 November 2010<\/div><\/div>
<\/div><\/div>

The new Con\u00e8 Shopping Center and Retail Park opened today in Conegliano<\/a><\/h2>
\"The<\/a><\/div>

Today IGD inaugurated the Con\u00e8 Shopping Center and\u00a0Retail Park in Conegliano, near Treviso.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

15 June 2010<\/div><\/div>
<\/div><\/div>

A new mall found inside the La Torre Shopping Center in Palermo will enter in IGD portfolio<\/a><\/h2>
\"A<\/a><\/div>

IGD finalized the contract for the purchase of the mall in the soon to be opened La Torre Shopping Center in Palermo from COGEI Costruzioni S.p.A..<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2009<\/span><\/div>
<\/div><\/div>
8 October 2009<\/div><\/div>
<\/div><\/div>

IGD purchases the Le Maioliche Shopping Center in Faenza<\/a><\/h2>
\"IGD<\/a><\/div>

IGD purchased the Le Maioliche Shopping Center in Faenza, inaugurated on 4 June 2009.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

5 May 2009<\/div><\/div>
<\/div><\/div>

A new shopping center opens in Catania<\/a><\/h2>
\"A<\/a><\/div>

IGD inaugurated the Katan\u00e8 Shopping Center in Gravina (Catania), where it owns a 15,000 m2 <\/sup>mall which houses 70 shops and six midsize stores.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

30 April 2009<\/div><\/div>
<\/div><\/div>

Claudio Albertini is the new Chief Executive Officer<\/a><\/h2>
\"Claudio<\/a><\/div>

Claudio Albertini, formerly a director of Igd SIIQ SpA and manager of the UGF Group, was appointed Chief Executive Officer of the Company.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2 April 2009<\/div><\/div>
<\/div><\/div>

Inauguration of IGD’s Tiburtino shopping center on 2 April<\/a><\/h2>
\"Inauguration<\/a><\/div>

A 52 thousand square meter \u201cpiazza\u201d in Guidonia Montecelio, with 120 stores, 10 restaurants\/cafes and a Coop, open seven days a week, all on one floor.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2008<\/span><\/div>
<\/div><\/div>
30 December 2008<\/div><\/div>
<\/div><\/div>

IGD SIIQ S.p.A. acquires the Gran Rond\u00f2 Shopping Mall in Crema<\/a><\/h2>
\"IGD<\/a><\/div>

IGD acquired the shopping mall and the offices located in the Grand Rondo\u2019 Shopping Center in Crema.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

18 December 2008<\/div><\/div>
<\/div><\/div>

IGD purchases the Lungo Savio shopping mall in Cesena<\/a><\/h2>
\"IGD<\/a><\/div>

IGD purchased from Coop Adriatica SCARL the Lungo Savio shopping mall in Cesena. The mall houses 21 shops for a total GLA of 10,800 m2<\/sup>.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

16 April 2008<\/div><\/div>
<\/div><\/div>

IGD becomes the first Societ\u00e0 di Investimento Immobiliare Quotata – SIIQ (real estate investment trust)<\/a><\/h2>
\"IGD<\/a><\/div>

IGD elected to exercise the option to be treated as a SIIQ under the tax regime introduced and regulated by Law n. 296 of 27 December 2006.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

27 March 2008<\/div><\/div>
<\/div><\/div>

The IGD Group acquires 100% of the company Winmarkt Magazine SA, which controls an important real estate portfolio in Romania<\/a><\/h2>
\"The<\/a><\/div>

IGD signed a preliminary agreement for the purchase of a real estate portfolio in Romania comprised of 15 Winmarkt brand shopping centers covering a total of 147,000 m2<\/sup>.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2007<\/span><\/div>
<\/div><\/div>
7 November 2007<\/div><\/div>
<\/div><\/div>

The final agreement for the acquisition of the shopping center and the retail park Mondovicino in Mondov\u00ec has been signed<\/a><\/h2>
\"The<\/a><\/div>

The Shopping Village, whose inauguration of the shopping center and retail park is scheduled for today, is an innovative project developed on a total area of 390,000 m2<\/sup> to combine shopping and leisure, culture and entertainment.<\/p>\n

.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

20 July 2007<\/div><\/div>
<\/div><\/div>

Agreement signed to create a premiere mixed-use center in Livorno<\/a><\/h2>
\"Agreement<\/a><\/div>

IGD resolved to set up a Newco for the purposes of developing the mixed-use property in Livorno.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

7 May 2007<\/div><\/div>
<\/div><\/div>

The Board of Directors approves the Business Plan 2008-2012<\/a><\/h2>
\"The<\/a><\/div>

The new business plan \u2013 approved before the end of the previous business plan in October 2005 \u2013 calls for \u20ac800 million in new investments, 70% of which will be allocated to core business activities \u2013 the acquisition, development and leasing of retail real estate, and continuous improvement of the relative yields.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

9 March 2007<\/div><\/div>
<\/div><\/div>

Formation of RGD, a 50\/50 joint venture between Beni Stabili and IGD, in order to purchase and enhance the value of existing shopping centers<\/a><\/h2>
\"Formation<\/a><\/div>

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 \u20ac113.2 million.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2006<\/span><\/div>
<\/div><\/div>
10 October 2006<\/div><\/div>
<\/div><\/div>

IGD acquires the mall in the Millennium Shopping Center in Rovereto (Trento)<\/a><\/h2>
\"IGD<\/a><\/div>

IGD signed a preliminary contract with Santoni Costruzioni group, a non-related company, for the purchase of 100% of a company owning the Millenium mall in Rovereto (Trento).<\/p>\n<\/div><\/div><\/div><\/div>\r\n

26 July 2006<\/div><\/div>
<\/div><\/div>

IGD acquires the mall of the CentroSarca Shopping Center in Milan<\/a><\/h2>
\"IGD<\/a><\/div>

IGD signed a preliminary agreement with Coop Lombardia, an unaffiliated company, for the purchase of 100% of the subsidiary Larice S.r.l., a real estate company which owns the mall in the CENTROSARCA Shopping Center in Milan.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

15 May 2006<\/div><\/div>
<\/div><\/div>

IGD acquires the Darsena city shopping center in Ferrara<\/a><\/h2>
\"IGD<\/a><\/div>

IGD S.p.A. acquires the Darsena city shopping center in Ferrara from Magazzini Darsena S.p.A. (Sinteco group S.p.A.), a non-related party. The acquisition is in line with the latest Business Plan and involves a total cash-out of \u20ac 56 million.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2005<\/span><\/div>
<\/div><\/div>
11 October 2005<\/div><\/div>
<\/div><\/div>

The Business Plan 2005-2010 presented to the financial community<\/a><\/h2>
\"The<\/a><\/div>

Investments of \u20ac810 million over the next 3 years in order to acquire and develop new shopping centers, enhance the value of the real estate portfolio and provide a major boost to the services business.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

11 February 2005<\/div><\/div>
<\/div><\/div>

IGD listed on the stock exchange in order to support the intense development<\/a><\/h2>
\"IGD<\/a><\/div>

With a portfolio of 7 shopping centers, 5 hypermarkets and 1 supermarket, which at the end of July 2005 were valued at \u20ac555.2 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 \u20ac810 million over the three-year period 2005-2008.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2004<\/span><\/div>
<\/div><\/div>
1 January 2004<\/div><\/div>
<\/div><\/div>

IGD is ready for its IPO<\/a><\/h2>
\"IGD<\/a><\/div>

In 2004 IGD\u2019s increases its interest in Gescom, the company involved in the promotion and management of shopping malls, from the 60% purchased in 2002 to 100%.<\/p>\n

Over time IGD\u2019s real estate portfolio gradually becomes large enough to attract interest and the company develops extensive expertise in its specific businesses: IGD is now ready for its debut on the stock exchange and to subsequently fund its future development.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

2003<\/span><\/div>
<\/div><\/div>
1 January 2003<\/div><\/div>
<\/div><\/div>

Unicoop Tirreno becomes a shareholder of IGD<\/a><\/h2>
\"Unicoop<\/a><\/div>

In 2003 Ipercoop Tirreno also becomes a shareholder of IGD as a result of the transfer of the Afragola Shopping Center in Campania; subsequently Ipercoop Tirreno sells its interest in IGD to Unicoop Tirreno (formerly Coop Toscana Lazio). Over the next two years IGD continues to consolidate the real estate assets belonging to Coop Adriatica and Unicoop Tirreno and purchases the Casilino Shopping Center in Rome and the Le fonti del Corallo Shopping Center, near Livorno, from the latter.<\/p>\n

 <\/p>\n<\/div><\/div><\/div><\/div>\r\n

2000<\/span><\/div>
<\/div><\/div>
1 January 2000<\/div><\/div>
<\/div><\/div>

IGD \u2013 Immobiliare Grande Distribuzione is officially born<\/a><\/h2>
\"IGD<\/a><\/div>

In 2000 Coop Adriatica transfers part of its retail real estate assets to ESP which changes its name definitively to IGD – Immobiliare Grande Distribuzione<\/strong>.<\/strong><\/p>\n<\/div><\/div><\/div><\/div>\r\n

1977<\/span><\/div>
<\/div><\/div>
1 January 1977<\/div><\/div>
<\/div><\/div>

1977-1999: the long journey of ESP which becomes part of the Coop world in 1983<\/a><\/h2>
\"1977-1999:<\/a><\/div>

IGD\u2019s origins are rooted in the activities which in 1977 were already managed by ESP Dettaglianti Associati srl in the Ravenna area and which were focused primarily on the rental of properties for the sale of non-food products.<\/p>\n

In 1983 Coop Romagna-Marche becomes part of ESP following the purchase of an initial 53% of ESP\u2019s share capital, which is destined to increase gradually over time. In 1995 Coop Romagna-Marche merges with Coop Emilia-Veneto giving birth to Coop Adriatica which by 2006 controls 100% of ESP.<\/p>\n

In 1998 the first ESP shopping center opens in Ravenna with Coop Adriatica operating the hypermarket and Gescom managing the shopping mall: a relationship which will endure over time.<\/p>\n<\/div><\/div><\/div><\/div>\r\n

<\/div><\/div>\r\n\t\t\t<\/div>\r\n\r\n <\/div>