IGD to raise up to €200m for new portfolio

Nina Flitman

July 10, 2014 04:15 pm

sale — London, United Kingdom. 21st December 2013 -- Christmas shoppers hunt for bargains and sales on the busiest retail day of the year known as panic Saturday. -- Thousands of Christmas shoppers filled Oxford Street in London despite the bad weather on the busiest retail day of the year, known as panic Saturday. Shoppers hunted for bargains and sales offered by department stores and shops. Christmas Shoppers Fill Oxford Street on Panic Saturday | Amer Ghazzal / Demotix/Demotix/Press Association Images

Italian retail real estate manager Immobiliare Grande Distribuzione (IGD) will raise up to €200m through capital increases by March 2015 to finance its acquisition of a portfolio of shopping centres.

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Nina Flitman