Publication notice of the Interim Financial Report as at 30 September 2020
Please be advised that in accordance with the law, the Interim Financial Report as at 30 September 2020, approved by the Board of Directors on 5th November 2020, will be available to the general public from today at the company’s Registered Office, on the Company’s website https://eng.gruppoigd.it/ section Investor Relations – Reports and Publications as […]
Publication of the updated corporate by-laws
Bologna, 9 November 2020. IGD – Immobiliare Grande Distribuzione SIIQ S.p.A., (“IGD” or the “Company”), one of the main player owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, advises that today has been published the minutes of the Board of Directors held on […]
Breaking news of the first nine months of 2020
In this edition we will talk about how the content of the Code of Conduct has been revised and updated in order to enhance its role as a living part of our corporate identity and inspire both those who work in IGD, as well as stakeholders who have relationships with the Company, to conduct themselves in accordance with the Code.
We will then try to understand the reasons why IGD’s financial reports received new EPRA Awards.
Lastly, a very important news item, which speaks to IGD’s commitment to sustainability: the decision to adhere to the United Nations’ Global Compact.
IGD’s multiples at historic lows
The resilience demonstrated by IGD’s performance and economic-financial indicators in the third quarter of 2020 provides an encouraging signal for the future, when investors can return to valuing single investment opportunities based on fundamentals in a more visible scenario and with a less negative view of sector risks.
The Chief Executive Officer’s point of view on the first nine months of 2020
Throughout these months of 2020 marked by the Covid-19 pandemic, IGD has dealt with new and unforeseeable complexities stemming from the need to ensure business continuity while, at the same time, guaranteeing safety inside its properties.
9M 2020 results presentation
More than 90% of the tenant negotiations finalized in Italy; all negotiations in Romania completed. Total rent collection[1] in the nine months, net of deferrals granted, at around 88% Recovery of footfalls at about 87% and September retailers’ sales reached 97% of 2019 level Net rental income: €89.7 million (-12.2%), including the estimated one-off impact […]
