Acquisitions and development
We are one of the realities in Italy that has invested the most over the last few years: we invested a total of around € 765 million in the last 10 years.
At the time of our listing in 2005 our real estate portfolio was valued at €555 million, while at 31 December 2023 it was worth €1.97 billion. This result reflects both the development initiatives (including, for example, the Clodì retail park in Chioggia), as well as external growth made through the acquisition of properties which met certain qualitative requirements like appeal, yield and competitive positioning, while respecting financial targets like Loan-to-Value and Funds From Operations.
The following are the main transactions:
