Financial information as at 31 March 2021
The restrictions in place for shopping center operations continue to weigh heavily on the sector “One-off” COVID impact of €4 million recognized in 1Q 2021 Net rental income: €26.2 million (-20.7%) FFO: €8 million (-33.3%) Notes falling due redeemed in full with significant cash on hand at the end of the reporting period of €86 […]
IGD’s Board of Directors appoints Rossella Saoncella Chairman, Stefano Dall’Ara Vice Chairman, and confirms Claudio Albertini as Chief Executive Officer
IGD’s new Board of Directors, appointed for the three-year period 2021 – 2023 during the Shareholders’ Meeting held in ordinary session, 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’Ara was appointed Vice Chairman of the Board of Directors.
Annual General Meeting of 15th April 2021
During IGD SIIQ S.p.A.’s Annual General Meeting, that met today in ordinary session, shareholders: Approved the draft separate financial statements as at 31 December 2020. The consolidated financial statements as at 31 December 2020 were also presented: the Group recorded a net loss of €74.3 million Approved the first section of the “Report on Remuneration […]
Slates of candidates for the renewal of the Board of Directors and the Board of Statutory Auditors have been filed
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., leading owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, announces that, in view of the Ordinary Shareholders’ Meeting called on 15 April 2021 at 10 a.m. in first call (and, if necessary, in second call on […]
Publication of the Annual Financial Statements as at 31 December 2020 and other documents
IGD advises that, the Annual Financial Statements at 31 December 2020 together with the External Auditors Report and the Statutory Auditors Report, the Report on Corporate Governance and Ownership Structure and the Report on the remuneration Policy and the compensation paid, as well as the Explanatory Notes of the Bord of Directors on the items n. 1, 2 and 3 of the agenda of the Ordinary Annual General Meeting are now available
Pubblication of the documentation for Annual General Meeting
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., leading owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, advises that, the Notice of Call of the Annual General Meeting – to be held at 10.00 a.m on 15 April 2021 in first call and, if […]
Notice of call for Ordinary Annual General Meeting of 15 April 2021
An Ordinary Shareholders’ Meeting of Immobiliare Grande Distribuzione Società di Investimento Immobiliare Quotata S.p.A. (abbreviated “IGD SIIQ S.p.A.”) is convened in Bologna (BO), in Via Trattati Comunitari Europei 1957-2007, no. 13, on 3rd floor, on 15 April 2021, at 10:00 a.m., in first call and, if necessary, on 16 April 2021, at the same place […]
IGD has redeemed, in full, the Notes denominated “€300,000,000 2.500 per cent. Notes due 31 May 2021”
Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”), pursuant to conditions 7(c) (Redemption at the option of the Issuer) and 7(g) (Cancellation) of the terms and conditions of the notes denominated “€300,000,000 2.500 per cent. Notes due 31 May 2021” (ISIN: XS1425959316) (the “Notes”), further to the notice addressed to the holders of the […]
Results as at 31 December 2020: the most difficult year, but with several positive certainties
The appeal of IGD’s format confirmed: in the periods when the restrictions were eased the average ticket rose + 17%, retailers’ sales +0.3% better than in 2019[1] Rent collection at around 91% of net turnover in Italy and around 94% in Romania Financial occupancy maintained at high levels: Italy 94.3%; Romania 93.6% Net rental income: […]