IGD purchase of 100% of Punta di Ferro srl from Unipolsai
16 Dezember 2015 - 1:51AM
Italian Regulatory (Text)
PRESS RELEASE
IGD SIIQ SPA: PURCHASE OF 100% OF PUNTA DI FERRO SRL, OWNER OF THE
PUNTADIFERRO SHOPPING MALL IN FORLI', FROM UNIPOLSAI ASSICURAZIONI
SPA FINALIZED Bologna, 16 December 2015 - IGD - Immobiliare Grande
Distribuzione SIIQ S.p.A. informs that today, pursuant to the
preliminary agreement signed and disclosed on 2 December 2015, the
purchase from UnipolSai of 100% of Punta di Ferro S.r.l. ("Punta di
Ferro")'s share capital for 127.9 million was finalized. Punta di
Ferro's main asset is the mall inside the "puntadiferro" shopping
center located in the city of Forlì (Emilia Romagna). More detailed
information about the asset purchased can be found on the company's
website,
http://eng.gruppoigd.it/Portfolio/Shopping-centers/Shopping-mall-properties-and-master-leasing/Shopping-mallproperties/puntadiferro
IGD - Immobiliare Grande Distribuzione SIIQ S.p.A.
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 1,942.38 million at 30 June 2015, comprised of, in Italy,
25 hypermarkets and supermarkets, 20 shopping malls and retail
parks, 1 city center, 2 plots of land for development, 1 property
held for trading and an additional 7 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: these qualities summarize IGD's strong points.
www.gruppoigd.it
CONTACTS INVESTOR RELATIONS CLAUDIA CONTARINI Investor Relations
+39 051 509213 claudia.contarini@gruppoigd.it FEDERICA PIVETTI IR
Assistant +39 051 509242 federica.pivetti@gruppoigd.it
CONTACTS MEDIA RELATIONS IMAGE BUILDING Cristina Fossati, Federica
Corbeddu +39 02 89011300 igd@imagebuilding.it
The press release is available on the website www.gruppoigd.it, in
the Investor Relations section, and on the website
w.imagebuilding.it, in the Press Room section.
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