IMMQF OTC

Immobiliare Grande Distribuzione SIIQ S.p.A. (IGD) holds a leading position in Italy's retail real estate market. The firm's core activities involve the development and active management of shopping centers across the country. In addition to its strong domestic presence, IGD has established a significant role in Romanian retail distribution. Listed on the Star Segment of the Italian Stock Exchange, IGD distinguished itself as Italy's inaugural Società di Investimento Immobiliare Quotata (SIIQ), the equivalent of a real estate investment trust. Its real estate portfolio was valued at approximately €2,322.62 million as of June 30, 2020. This comprises an Italian portfolio featuring 25 hypermarkets and supermarkets, 27 shopping malls and retail parks, one land parcel earmarked for development, a single property held for trading, and five additional real estate holdings. The company expanded its international footprint in 2008 through the acquisition of Winmark Magazine SA, adding 14 shopping centers and an office building situated across 13 Romanian cities to its assets. IGD's core strengths are encapsulated by its extensive national market penetration, a sound financial framework, its proficiency in overseeing every stage of a property's lifecycle, and its recognized leadership in the retail real estate sector.