IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. advises that, with reference to the Annual General Meeting in Ordinary and Extraordinary sessions convened for 16 April 2025 in first call and, if necessary, for 17 April 2025 in second call, the Annual Report as of 31 December 2024 (including the Draft Financial Statements and the Consolidated […]
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. advises that, the Notice of Call of the Annual General Meeting in Ordinary and Extraordinary sessions – to be held at 10.30 a.m on 16 April 2025 in first call (and, if necessary, in second call on 17 April 2025 at the same time) together with the Explanatory […]
The Ordinary and Extraordinary Annual General Meeting of Immobiliare Grande Distribuzione Società di Investimento Immobiliare Quotata S.p.A. (abbreviated “IGD SIIQ S.p.A.”) is convened in Bologna (BO), via Trattati Comunitari Europei 1957-2007, no. 13, on 16 April 2025, at 10:30 a.m., in first call and, if necessary, on 17 April 2025, in second call at the […]
A YEAR OF GROWTH FOR IGD SHOPPING CENTERS In Italy: Mall tenants’ sales +0.6%; footfalls +1.6%; rental uplift +4.0% POSITIVE CORE BUSINESS PERFORMANCE Net Rental Income: 113.7 million euros; +4.6% like for like vs 2023 CORE PORTFOLIO VALUE STABILISES Core Italian portfolio market value: €1,537.9 million; in line with 2023 on a like-for-like basis GROUP’S […]
IGD – Immobiliare Grande Distribuzione S.p.A. (the “Company”) – announces the signing, through its subsidiary Win Magazin S.A., of the final contract for the sale of a shopping center included in its Romanian portfolio to a Romanian private investor. The shopping center being sold is “Winmarkt Somes” in Cluj (7,873 sqm GLA and key tenants […]
IGD – Immobiliare Grande Distribuzione S.p.A. (the “Company”) announces that a secured facility agreement for a maximum loan amount of 615 million euros was signed earlier today with a pool of leading national and international banks and institutions including, as Mandated Lead Arrangers, Intesa Sanpaolo S.p.A.- IMI CIB Division (which also acts as global coordinator, […]
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”), listed on the STAR segment of the Italian Stock Exchange, releases the financial calendar 2025. The financial calendar for 2025 is presented below: 6 March 2025 Board of Directors’ meeting to approve the draft separate and consolidated financial statements as of 31 December […]
The primary objective of the new Business Plan is to embark on a growth path with a return to consistent and sustainable dividend distribution Main economic and financial targets as of 2027: Net Rental Income: like for like increase ~ +16%[1] (vs. 2024E) Core business Ebitda: ~ €98 million1 (organic growth of ~ +16% vs. […]
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., one of the main player owner and manager of retail shopping centers in Italy and listed on the Euronext STAR Milan segment of the Italian Stock Exchange, advises that, in accordance with Consob Resolution n.11971 of 14 May 1999, as amended, the Interim Financial Report as at 30 […]
Net rental income: €85.2 million (+3.7% vs 9M2023R[1]; +4.4% like-for-like) Upside on 3Q 2024 renewals: Italy +8%; Romania +0.6% Malls Italy: tenant sales -0.2%; footfalls +0.7% (vs 9M2023) Funds From Operations (FFO): €26.3 million (-31.0% vs 9M2023R1) Loan-to-Value: 44.8% 2024 FFO guidance confirmed 21 November 2024: Presentation of the 2025-2027 Business Plan in Milan […]
