2000-2004: the two shareholders Coop Adriatica and Unicoop Tirreno give birth to and develop IGD
In 2000 Coop Adriatica transfers part of its retail real estate assets to ESP which changes its name definitively to IGD - Immobiliare Grande Distribuzione. Further transfers are made in the following year.
In 2003 Ipercoop Tirreno also becomes a shareholder of IGD through the transfer of the Afragola shopping center in Campania; subsequently Ipercoop Tirreno sells its share in IGD to Unicoop Tirreno (formerly Coop Toscana Lazio). Over the next two years IGD continues with the consolidation of the real estate assets belonging to Coop Adriatica and Unicoop Tirreno and purchases the shopping centers Roma Casilino and “Le fonti del Corallo”, near Livorno, from the latter.
In 2004 IGD’s interest in Gescom, the company involved in the promotion and management of shopping malls, rises from the 60% controlling interest purchased beginning in 2002 to 100%.
Over time IGD’s real estate portfolio reaches an interesting critical mass and the company develops extensive expertise in its specific businesses: the company is now ready for its debut on the stock exchange and to subsequently fund its future development.




