Immobiliare Grande Distribuzione SIIQ SpA 2021 AR2
The report highlights IGD's recovery in 2021, with retailers' sales returning to pre-pandemic levels and financial occupancy in Italy rising to 95.2%. The company successfully completed the disposal of a stand-alone portfolio of five hypermarkets and one supermarket to Fondo Juice for 140 million euros, reducing its Loan-to-Value ratio to 44.8%. IGD's core business EBITDA rose by 7.9% to 107.3 million euros, and its funds from operations (FFO) increased by 9.2% to 64.7 million euros. Additionally, the company obtained Biosafety Trust Certification for its headquarters and seven shopping centers, and continued its commitment to sustainability by aligning with the UN Sustainable Development Goals.
Company: Immobiliare Grande Distribuzione SIIQ SpA
Sector: Real Estate
Country: Italy
Year: 2021
Type: AR2
Pages: 395
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Immobiliare Grande Distribuzione SIIQ SpA
Annual Report
The report highlights IGD's recovery in 2021, with retailers' sales returning to pre-pandemic levels and financial occupancy in Italy rising to 95.2%. The company successfully completed the disposal of a stand-alone portfolio of five hypermarkets and one supermarket to Fondo Juice for 140 million euros, reducing its Loan-to-Value ratio to 44.8%. IGD's core business EBITDA rose by 7.9% to 107.3 million euros, and its funds from operations (FFO) increased by 9.2% to 64.7 million euros. Additionally, the company obtained Biosafety Trust Certification for its headquarters and seven shopping centers, and continued its commitment to sustainability by aligning with the UN Sustainable Development Goals.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Women on Board
Net Zero Target
Employees