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.
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.
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 […]
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 […]
In the wake of last year’s success, in 2020 there will also be a “grand concorso” in IGD’s shopping centers with even more prizes and strong focus on safety. The sweepstakes, referred to as “Voglia di vincere”, will be held from 12 October to 1 November 2020 at 27 of IGD’s shopping centers, spread throughout […]
