Roberto Zoia - IGD SIIQ

IGD (Immobiliare Grande Distribuzione), listed on the Milan Stock Exchange since 2005, is a leading listed real estate company specializing in the ownership and management of shopping centers, retail parks, hypermarkets, and supermarkets. Founded in 1994, it adopted the SIIQ (Società di Investimento Immobiliare Quotata) regime in 2008, the Italian equivalent of Anglo-Saxon REITs. Its real estate assets are concentrated primarily in Italy, with a presence in Romania, and consist of properties leased to large-scale retail and retail operators. Its business model is based on generating stable and recurring rental income, which allows for the distribution of dividends to shareholders. Its main shareholders include the cooperatives of the Coop system, which have historically played a key role. In recent years, the company has faced challenges arising from rising interest rates, the evolution of e-commerce, and the need to reduce debt, while maintaining a significant position in the Italian retail real estate market.