Immobiliare Grande Distribuzione SIIQ S.p.A.

Immobiliare Grande Distribuzione SIIQ S.p.A. is a leading Italian real estate investment company specializing in retail properties, particularly shopping centers. As a Società di Investimento Immobiliare Quotata (SIIQ), it owns and manages a diversified portfolio valued at over 1.694 billion euros as of December 31, 2024, comprising 8 hypermarkets/supermarkets, 25 shopping galleries and retail parks in Italy across 12 regions, and centers in 13 Romanian cities. The company also holds a 40% stake in two real estate funds with additional hypermarkets, supermarkets, and galleries, providing comprehensive asset, property, facility, and leasing management services both for its properties and third-party institutional portfolios. Established in 2000 from assets contributed by major cooperatives like Coop Alleanza 3.0 and Unicoop Tirreno, which remain key shareholders, Immobiliare Grande Distribuzione SIIQ S.p.A. emphasizes long-term sustainability, innovation, and ethical practices. Its business model generates primary revenue from rentals, supplemented by services and development projects, positioning it as a pioneer in Italy's retail REIT sector since obtaining SIIQ status in 2008. Headquartered in Bologna, the company employs around 139 people and focuses on transforming centers into vibrant community ecosystems.