IGD’s main results are: Group net profit: €34.7 million (+74.1%) Recurring net income (FFO): €49.0 million (+22.8%) Core business revenue: €108.1 million, +6.6% (LFL Italy +1.5%, Romania +7.0%) Sales of retailers in Italian malls +1.8%; significant upside on renewed leases (Italy +5.7%; Romania +2.3%) Loan-to-value 48.0%; average cost of debt down further at 2.85%
Since year-end 2016 to the close on 6 November 2017 the price of IGD’s stock has risen 42.0%, outperforming both the Italian index (+21.5%) and the European real estate sector index (+5%). The stock continues to benefit from the company’s solid fundamentals, which were confirmed in the results at 30 September 2017, and was also […]
Awards and new challenges Once again IGD receives the EPRA sBPR Gold Award and begins the assurance process for its 2017 Corportae Sustainability Report IGD’s commitment to constantly increasing the transparency and comparability of its sustainability program made it possible for the Company to receive this prestigious international recognition dedicated to quality sustainability reporting. For […]
The expanded ESP center is emblematic of the new concept Even though online purchases don’t carry the same weight as they do in other countries, e-commerce is profoundly changing the role of the shopping center. A role which continues to be central, as long as the property managers are willing to rethink the nature and […]
We are the leading listed company in our sector in Italy, with a proven track record of achieving goals. The IGD Group is active in the retail real estate sector and is the Italian leader in shopping center properties. A story of continuous growth, we have been listed on Borsa Italiana’s Mercato Euronext Milan since 2005. […]
We are the Italian leader in shopping centers properties The IGD Group is the most important Italian listed group in the retail real estate sector, and the only one listed on the Euronext STAR Milan segment. We own and manage properties in Italy and Romania where we operate hypermarkets and shopping centers. We are a solid Group, with […]
We are the Italian leader in shopping center properties The IGD Group is the most important Italian listed group in the retail real estate sector, a dynamic sector of primary interest to Italian and foreign investors. We own and manage properties in Italy and Romania where we operate shopping centers. We have been listed on […]
