Glossary
Agency
Activity of identifying the Tenant Mix and negotiating letting agreements for the Shops present in the Shopping Malls.
Facility Management
Supply of special services associated with the Shopping Centres.
GLA
Gross lettable area.
Gross surface area
Area of the buildings including the outside walls.
Hypermarket
Real estate with sales area measuring over 2,500m², used for retail sales of food and non-food products.
Mall
Area shared by operators working inside the shopping centre.
Mid-size retail point
Property with sales area measuring between 250m² and 2,500m² used for retail sales of non-food consumables.
Net area
Surface area of real estate not including external walls.
Occupancy rate
Gross let surface area expressed as a percentage of total real estate surface area.
Operators committee
Committee made up of retailers operating inside the shopping centre.
Real estate portfolio
Portfolio of properties for which rentals are managed by the IGD Group, both with regard to Group-owned real estate and real estate owned by third parties.
Shop
Real estate used for retail sales of non-food consumables.
Shopping centre
Real estate made up of a hypermarket and shopping arcade with shared infrastructures and facilities.
Shopping Mall
Building that includes an aggregation of Shops, together with the common space in which those Shops are located.
Supermarket
Real estate with sales area measuring between 250m² and 2,500m², used for retail sales of food and non-food products.
Tenant mix
All retailers and brand names located inside the centres.
