IGD News&Views is the tool that we use every quarter to keep our stakeholders up to date on strategies, transactions and results.
IGD News&Views is the tool that we use every quarter to keep our stakeholders up to date on strategies, transactions and results.
Leveraging on good operating performances, in the first quarter of 2024 IGD recorded a 6.6% increase in core business EBITDA with the freehold operating margin exceeding 77%: not far from the historic highs of around 80%.
The signing of the definitive agreement for the sale of a portfolio comprising 13 assets marks a fundamental step toward improving IGD’s loan-to-value, which pro-forma reached 44.4%, significantly lower than the 48.0% recorded at 31 March 2024.
During the Annual General Meeting held last April 18th, shareholders appointed the Board of Directors which will be in office for the next three years and provided IGD with a new governance structure designed to adequately guide and support the Company during the challenges that lie ahead.
Thanks to a farsighted approach, today IGD’s portfolio comprises a number of properties which already have the certification needed to access green financing instruments. By continuing along this path, in 2024 and beyond the Sustainability Plan 2022-2024 horizon, IGD will be well positioned to meet the demand for green investments of a growing number of international investors.
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