Today the public offer to subscribe 23,633,236 newly issued ordinary shares of IGD, reserved for recipients of the dividend for 2012, was completed (i.e. Dividend Reinvestment Option).

IGD signed a preliminary agreement for the sale of the mall in the Fonti del Corallo Shopping Center in Livorno to a private real estate fund managed by BNP Paribas REIM Sgr, advised by CBRE.

On 28 February 2014 IGD sold all of its 10,976,592 treasury shares or approximately 3.15% of the share capital, to Quantum Strategic Partners Ltd., a fund managed by Soros Fund Management LLC.

Today the public offer to subscribe 15,640,526 newly issued ordinary shares of IGD, reserved for recipients of the dividend for 2013 (the so-called “Dividend Reinvestment Option”), was completed.

Share capital increase successfully completed and fully subscribed for an amount of Euro 199,678,059.50 and the purchase of a real estate portfolio comprising a shopping center, two hypermarkets and two supermarkets was finalized.

Thursday, 14 April at 10:00 a.m. the new Chioggia retail park will be presented to the public:  more than 16 thousand square meters will house 1 Ipercoop, 6 midsize stores, 6 shops and 2 restaurants.

IGD finalized the sale of the real estate complex on Via Rizzoli, in the historic heart of Bologna, to UBS Real Estate GmbH.

The Business Plan was updated in order to reflect both the changing global market conditions, as well as, in particular, the acquisition completed year-end 2015.