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Immobiliare Grande Distribuzione SIIQ S.p.A. (IMMQF)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.4600-0.9422 (-27.69%)
At close: 09:50AM EDT

Immobiliare Grande Distribuzione SIIQ S.p.A.

Via Trattati Comunitari Europei
1957-2007, N. 13
Bologna, BO 40127
Italy
39 051 509111
https://www.gruppoigd.it

Sector(s)Real Estate
IndustryREIT - Diversified
Full Time Employees138

Key Executives

NameTitlePayExercisedYear Born
Mr. Roberto ZoiaCEO, GM & DirectorN/AN/A1961
Mr. Andrea BonviciniDirector of Finance DivisionN/AN/A1963
Mr. Carlo BarbanDirector of Admin, Legal & Corp. Affairs, Contracts, HR & IT and Financial Reporting OfficerN/AN/A1978
Mr. Raffaele NardiDirector of Planning, Control & Investor RelationsN/AN/A1976
Laura PoggiHead of Commercial DepartmentN/AN/AN/A
Ms. Claudia ContariniInvestor Relations ManagerN/AN/AN/A
Amounts are as of 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 USD.

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 €1,968.1million at 31 December 2023, comprised of, in Italy, 19 hypermarkets and supermarkets, 27 shopping malls and retail parks, 1 plot of land for development, 1 property held for trading and 6 other 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 May 1, 2024 is 1. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 5; Compensation: 2.

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.