IGD SiiQ

Salta ai contenuti
 

Corporate overview

IGD's portfolio is a balanced mix between different types of properties. Typically IGD's shopping malls are medium sized and geographically well diversified: this further helps to contain the risk profile.

Since 2008, IGD is also present in Romania, where it controls Winmarkt Magazine, the largest chain of shopping centers in the country.

The development activity is mainly focused on the realization of the multi-functional project of the water front of ​​Livorno.

 

 

Hypermarkets and Supermarkets in Italy

Tiburtino hypermarket

Hypermarket in Tiburtino Shopping Center - Guidonia (RM)

Hypermarkets and supermarkets ensure IGD a stable and visible over time revenue flow, thanks to long-term contracts, whose rents are indexed to 75% of the ISTAT index. It comes to 25 properties, leased to Coop Alleanza 3.0, Unicoop Tirreno and Coop Sicilia, whose ordinary and extraordinary maintenance has to be paid by tenants as regards to facilities and internal construction of buildings.
At 31 December 2016 this category showed a total market value of € 646.1 million, with a yield of 6.17%. The occupancy rate is 100%.

 

 

 

Shopping Malls and Retail Parks

Mondovicino mall

Mall in the Mondovicino Shopping Center- Mondovì (CN)

Shopping malls and retail parks - 22 in all in Italy - have high occupancy rates equal to 96.03% at 31 December 2016.
In 2016 the average compound yield total perimeter was equal to 6.21% of the market value, which was equal to 1,211.60 € million as at 31 December 2016 according to independent appraisals.

 

 

 

 

 

 

Direct development initiatives (Plots of land)

The category includes plots of land used for building of new shopping centers or for the extension of existing ones. IGD's portfolio currently presents the ownership of two plots of land for direct development, related to the extensions of the shopping center ESP in Ravenna and shopping center Porto Grande in Ascoli Piceno respectively.
The total market value of this category was equal to 42.12 € million at 31 December 2016.

 

 

Assets held for trading

Porta a Mare rendering

Porta a Mare Livorno

Within IGD group the company Porta Medicea is developing a multi-functional project in Livorno, which will consist of different destinations, residential, services, accomodation, and retail. At 31 December 2016 its outstanding amounts were valued 84.93 million.

 

 

 

City Center

Following the disposal of the asset on via Rizzoli, Bologna, there is only one City Center left, the Piastra Commerciale Mazzini in Livorno, which market value at 31 December 2016 was equal to 23.5 million €. The yield of the city center asset class was equal to 5.02%.

 

Other

Headquarters Bologna

IGD's headquarters in Bologna

This category includes, besides some smaller real estate units that are pertaining to property assets, the building for office use in the Business Park in Bologna, which is in part for IGD's headquarters, and for the other part rented to third parties. In the first half of the "Other" segment records the exit of the property "wholesale" in I Malatesta shopping center in Rimini, following the incorporation with its hypermarket. The market value of this portfolio category was estimated at 4.63 € million at 31 December 2016.

 

 

 

 

Romania

Winmarkt Ramnicu Valcea

Winmarkt Shopping Center in Ramnicu Valcea

Through its subsidiary WinMagazin SA, in Romania, IGD's portfolio consists of 14 shopping malls of Winmarkt retail network, in addition to an office building. The total value of Romanian real estate assets amounted to 164.91 € million at the end of December 2016. The shopping malls have an average gross yield of 6.48% of their market value and an occupancy rate - always at the end of December 2016 - equal to 96.1%.

 

 
 
DISCLAIMER

In order to access this section of the website and any other information contained in following internet pages it is necessary to read and accept the information contained in this notice. This notice applies to the information following this page, and you are advised to read this carefully before reading, accessing or making any other use of the information that follows. In accessing this section of the website, you agree to be bound by the following terms and conditions which may be altered or updated and therefore should be read by you in full each time you visit this site.

Any information contained in following internet pages are accessible only to persons who: (a) are not currently domiciled or located in the United States of America, Australia, Japan or Canada, or in any other country in which the dissemination of such information requires the approval of local Authorities or is otherwise in violation of governing statues or laws ("Other Countries"); and (b) are not "U.S. Persons" as this term is defined in Regulation S of the United States Securities Act of 1933, as amended.

"U.S. Persons", as this term is defined above, are forbidden access to through this section of the website.

The information contained on the following Internet pages may not be copied or forwarded and for no reasons and under no circumstances may the information contained on the following Internet pages be disseminated, directly or through any third parties, outside the Italian territory and, in particular, in the United States of America, Australia, Japan, Canada, or Other Countries. The following does not constitute or form a part of, and should not be construed as, an offer by or on behalf of IGD SIIQ or an invitation to subscribe for or purchase any securities in the United States, as defined in the U.S. Securities Act of 1933, as amended. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States of America absent registration under that Act or an available exemption from it.

As defined in the Securities Act of 1993, as amended, the term "U.S Person" means: (1) any natural person resident in the United States; (2) any partnership or corporation organized or incorporated under the laws of the United States; (3) any estate of which any executor or administrator is a U.S. person; (4) any trust of which any trustee is a U.S. person; (5) any agency or branch of a foreign entity located in the United States; (6) any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. person; (7) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and (8) any partnership or corporation if: (A) organized or incorporated under the laws of any foreign jurisdiction; and (B) formed by a U.S. person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a)) who are not natural persons, estates or trusts.

In order to access to this section of the website and any other information contained in following internet pages, I declare under my responsibility not to be currently domiciled or located in the United States of America, Australia, Japan, Canada, or in the Other Countries and not to be a "U.S. Person" as this term is defined in Regulation S of the United States Securities Act of 1933, as amended.

I acknowledge and accept the conditions set above