Igd S.p.A. strengthens its position in southern Italy
Igd S.p.A., a company listed on the S.T.A.R. segment of the Italian Stock Exchange active in the retail real estate sector, signed a preliminary agreement with the company Sviluppo Trapani, a non affiliated company, for the purchase of a shopping mall that will be built in Trapani
Beni Stabili and IGD: created the Joint Venture “RGD Riqualificazione Grande Distribuzione”, aimed at acquiring and boosting the value of the already operative shopping centres
Today Immobiliare Grande Distribuzione S.p.A. and Beni Stabili S.p.A. signed an agreement for the creation of a Joint Venture, equally participated, finalized at the creation of the company “RGD Riqualificazione Grande Distribuzione” with the aim to acquire and valorize the already existing Shopping Centres.
Results presentation as at 30 September 2006
Strong increase in revenue and profitability: Value of production at EUR 15.26 million (up 16.93% on third quarter 2005) Gross Operating Margin (EBITDA) at EUR 9.87 million (up 16.80% on third quarter 2005) Operating Margin (EBIT) at EUR 9.46 million (up 15.09% on third quarter 2005) Pre-tax result at EUR 7.20 million (EUR 7.36 million […]
