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Unicoop Tirreno becomes a shareholder of IGD
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..Approfondisci
IGD is ready for its IPO
In 2004 IGD’s increases its interest in Gescom, the company involved in the promotion and management of shopping malls, from the 60% purchased in 2002 to 100%. Over time IGD’s real estate portfolio gradually becomes large enough to attract interest and the company develops extensive expertise in its specific businesses:..Approfondisci
IGD listed on the stock exchange in order to support the intense development
With a portfolio of 7 shopping centers, 5 hypermarkets and 1 supermarket, which at the end of July 2005 were valued at €555.2 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 €810 million..Approfondisci
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
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 €113.2 million.
The Board of Directors approves the Business Plan 2008-2012
The new business plan – approved before the end of the previous business plan in October 2005 – calls for €800 million in new investments, 70% of which will be allocated to core business activities – the acquisition, development and leasing of retail real estate, and continuous improvement of the..Approfondisci