Results presentation as at 31 December 2019
FFO: €3 million (+4.5%) Rental income: €3 million, +2.3% (LFL +0.5%) Net rental income: €136.6 million, +10.1% (+1.8% ex IFRS16[1]) Sales of retailers in Italian malls +0.5%; financial occupancy Italy 96.9%; Romania 97.6% Average cost of debt 2.35%; ICR 3.8X[2] EPRA NNNAV per share €10.92 Proposed dividend of 50 euro cents per share, in line […]
Notice of change in share capital
Pursuant to Article 85-bis, paragraph 2, of the Consob Regulation No. 11971/99, Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD”) announces that, following the expiration of the term referred to in Article 2445, paragraph 3, of the Italian Civil Code, the resolution of the Extraordinary Shareholders’ Meeting held on 11 November 2019 (registered with the Companies’ Register […]
Voluntary share capital reduction
Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD”) announces that the period during which, pursuant to Article 2445 of the Italian Civil Code, the creditor may challenge the voluntary share capital reduction, from Euro 749,738,139.26 to Euro 650,000,000.00, resolved by the Extraordinary Shareholders’ Meeting of IGD held on 11 November 2019, elapsed on 10 February 2020. IGD […]