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 […]
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 […]
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: […]
Today, Immobiliare Grande Distribuzione SIIQ S.p.A. notified Moody’s Investors Service Ltd of its decision to withdraw from the existing contract regarding the ratings assigned to the Company. This decision is aimed at rationalizing the resources dedicated to rating and making this activity more efficient. The Company will continue to be rated by two leading agencies: […]
Bologna, 9 November 2020. IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., (“IGD” or the “Company”), one of the main player owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, advises that today has been published the minutes of the Board of Directors held on […]
More than 90% of the tenant negotiations finalized in Italy; all negotiations in Romania completed. Total rent collection[1] in the nine months, net of deferrals granted, at around 88% Recovery of footfalls at about 87% and September retailers’ sales reached 97% of 2019 level Net rental income: €89.7 million (-12.2%), including the estimated one-off impact […]
IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. – announces that Fitch Ratings Ltd. confirmed the BBB- investment grade rating with negative outlook removing it from Rating Watch Negative: “The rating assigned reflects the rent collection rates which were higher than what Fitch estimated at the beginning of April, together with the commercial strategy adopted that […]
