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. Let’s speak with IGD’s Chief Executive Officer, Claudio Albertini, to learn more about how important this agreement is, why it was made and the impact it will have in the short/medium term.
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 Operating Officer, who will provide us with an updated picture as to what his team is doing and the phenomenon that are emerging.
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’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.
More and more investors are looking at ESG ratings when deciding which stocks to buy or to finance debt, even though these ratings can vary considerably based on the criteria used by the different agencies. We took a closer look at these issues by asking Francesco Soldi, IGD’s Head of Marketing and Corporate Social Responsibility, a few questions.
The results in IGD’s income statement continue to be impacted heavily by the restrictions on operations imposed in order to contain the spread of the virus. The net one-off impact recognized as a result of the closures is, however, €1.5 million lower than the €9.3 million posted in the first half of 2020.
In the last edition of IGD News&Views we presented the launch of the project Next Steps, focused on finding new solutions for shopping centers during the phase after the lifting of the pandemic restrictions. Our conversation with Daniele Cabuli, Chief Operating Officer, and Laura Poggi, Head of Leasing, therefore, continues. They will update us on the work they have done to manage the relationships with the retailers during this delicate exit phase and change the merchandise offered at IGD’s centers.
During a conversation which addressed several issues that are crucial to the recovery of shopping centers and, specifically, to IGD’s future, we recorded the reflections and considerations of Roberto Zoia, IGD SIIQ SPA’s Director of Asset Management, Development and Network Management and Chairman of CNCC, the Consiglio Nazionale dei Centri Commerciali, since October 2020.
IGD’s Chief Executive Officer, Claudio Albertini, provides a strategic interpretation of the results achieved in a half still heavily impacted by the restrictions in place to prevent the spread of the virus. It’s clear that the shopping center format will continue to have a key role in the new consumption models. And that is not all: these results show also that the way in which IGD manages its portfolio is particularly effective.
The shopping center world is looking for ways to create a new foundation upon which to build the relationship with the shopper: an evolution which – most assuredly – will lead to more personalization and targeted offers. During an interview of Daniele Cabuli, Chief Operating Officer, and Laura Poggi, Head of Leasing, they explained to us what this project will bring and the excitement surrounding these new developments.
