Immobiliare Grande Distribuzione SIIQ Overview
Pro stress-test →IGD SIIQ is an Italian real estate company which develops and manages shopping centers in Italy and is also present in retail distribution in Romania. IGD owns a rich portfolio of shopping centers located throughout Italy which are managed by in-house asset, property, facility and leasing management divisions. The IGD Group is the Italian leader in shopping center properties.
Strategic Profile
Pro stress-test →IGD was the first to enter the SIIQ scheme (Società di Investimento Immobiliare Quotata – Real Estate Investment Trust) in Italy in 2008. An extensive domestic presence, a solid financial structure, the ability to plan, monitor and manage all phases of a center's life cycle, both freehold and leasehold, as well as ongoing investments in retail and technology innovation, ensure IGD's position as a point of reference in the retail real estate sector. IGD also acts as a service provider, managing portfolios of institutional third parties.
Competitive Landscape
Pro stress-test →IGD is the Italian leader in shopping center properties. The Italian retail real estate market is moderately competitive with other REITs and property managers, but IGD's first-mover SIIQ status, scale of portfolio, and institutional shareholder base provide competitive advantages. Key competitors include other European shopping center operators and regional Italian property companies with smaller portfolios.
Industry Context
Immobiliare Grande Distribuzione SIIQ operates in Real Estate Investment Trust (REIT) - Retail Shopping Centers.
Key facts
Founded: 2000 · Headquarters: Bologna, Italy