IGD.MI - Immobiliare Grande Distribuzione SIIQ S.p.A.

Milan - Milan Delayed Price. Currency in EUR

Immobiliare Grande Distribuzione SIIQ S.p.A.

Via Trattati Comunitari Europei1957-2007
N. 13
Bologna, BO 40127
Italy
39-051-509111
http://www.gruppoigd.it

SectorReal Estate
IndustryREIT - Diversified
Full Time Employees175

Key Executives

NameTitlePayExercisedYear Born
Mr. Elio GasperoniExec. Chairman93.55kN/A1953
Mr. Claudio AlbertiniCEO & Exec. Director844.3kN/A1958
Mr. Andrea BonviciniDirector of Fin. DivisionN/AN/A1963
Mr. Daniele CabuliChief Operating OfficerN/AN/A1958
Mr. Carlo BarbanDirector of Admin., Legal & Corp. AffairsN/AN/A1978
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Immobiliare Grande Distribuzione SIIQ S.p.A. is one of the main players in Italy's retail real estate market: it develops and manages shopping centers throughout the country and has a significant presence in Romanian retail distribution. Listed on the Star Segment of the Italian Stock Exchange, IGD was the first SIIQ (Società di Investimento Immobiliare Quotata or real estate investment trust) in Italy. IGD has a real estate portfolio valued at circa €2,388.3 million at 30 June 2019, comprised of, in Italy, 25 hypermarkets and supermarkets, 27 shopping malls and retail parks, 1 plot of land for development, 1 property held for trading and an additional 5 real estate properties. Following the acquisition of the company Winmark Magazine SA in 2008 14 shopping centers and an office building, found in 13 different Romanian cities, were added to the portfolio. An extensive domestic presence, a solid financial structure, the ability to plan, monitor and manage all phases of a center's life cycle, leadership in the retail real estate sector: these qualities summarize IGD's strong points.

Corporate Governance

Immobiliare Grande Distribuzione SIIQ S.p.A.’s ISS Governance QualityScore as of July 29, 2019 is 2. The pillar scores are Audit: 5; Board: 2; Shareholder Rights: 5; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.