IGD Area Plus
In line with the Digital Marketing Plan, yesterday IGD launched Area Plus in 26 Shopping Centers in a video interpreted by Cristiano Malgioglio, Adriana Volpe and Gianluca Fubelli. The creation of the reserved area will allow visitors to access an area reserved for them inside websites where they can find products, content, services, special offers […]
IGD’s shopping centers confirm their appeal: the recovery of retailers’ sales continues at a sustained pace in October (+15% vs 2019)
In October 2021 retailers’ sales for Gruppo IGD’s entire network of Italian malls were +15.1% higher than in October 2019, while footfalls recovered approximately 90% of the 2019 levels. The trend in retailers’ sales was also positive in the period June- October (the first 5 full months without restrictions), showing an increase +2.7% compared to […]
IGD’s stock impacted by the cooling sentiment for the retail real estate segment
IGD was affected by this generally negative perception of the segment in which it operates, even though the company’s shopping center format was not penalized as much as the large malls without a food anchor. The evidence provided by IGD’s operating indicators, which showed net recovery in the last few months, will provide the investors with the elements needed to reconsider the stock’s valuation.
In a business that is returning to pre-pandemic levels, IGD expects its FFO to improve significantly in the fourth quarter
Even though the results at 30 September 2021 were, overall, affected by the anti-Covid restrictions, in the last few months – particularly beginning in June – there has been an improvement in the operating conditions with clear signs of a return to normalcy. In the four month period June-September, retailers’ sales have already reached levels […]
The mood is positive once again. Encouraging signals provided by the retailers’ sales which, in the four month period June – September 2021, returned to levels seen in the same period 2019
IGD is seeing clear signs of recovery in the sales of the mall retailers. In the meantime, the digital marketing project is taking on an increasingly more precise form, as is the Next Steps project which focuses on new ways to understand shoppers changing preferences. Let’s learn more about these topics from Daniele Cabuli, Chief Operating Officer, who will provide us with an updated picture as to what his team is doing and the phenomenon that are emerging.
Six assets sold to ICG: a strategic transaction, with important benefits
On 21 October IGD announced that it had reached an agreement for the sale to ICG – Intermediate Capital Management of a portfolio of assets comprising five hypermarkets and a supermarket. Let’s speak with IGD’s Chief Executive Officer, Claudio Albertini, to learn more about how important this agreement is, why it was made and the impact it will have in the short/medium term.
Breaking news of the first nine months of 2021
In this edition we will talk about: IGD’s partnership in a new circular economy project, AND, focused on collecting used clothing and the opening of the first AND store at Centro Borgo obtaining “Biosafety Trust Certification” for IGD’s headquarters and for 7 Shopping Centers the “EPRA Sustainability Best Practices Recommendations (sBPR) Gold Award” received for […]
