Immobiliare Grnde Dist Sl (IMMQF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

course cooperator. Welcome to IGD's conference call presenting Q1 2026 results. Let me remind you that all participants are in listen-only mode. The presentation will be followed by a Q&A. In order to be assisted by an operator during the conference call, press star and zero on your phone keypad. Let me now turn the conference over to Mr. Roberto Zoya, CEO and General Manager of IGD. Mr. Zoya, please go ahead. Thank you very much. Welcome to all of you. Good afternoon. And let's start straight away so that I can leave more room for your questions. By way of introduction, let me say that this quarterly report confirms the pathway we started in April 2024, when I was appointed together with the new board, and you will see in my presentation that the pathway we started is still giving tangible results and constant and consistent over time. Let's move to page two in the presentation. I wanted to remind you of disposals and Romania. This is a topic we've been discussing a lot, but we've had disposals in the first quarter on 2026, are one and much better than two on the 21st, and the negotiations allowed us to persuade of eight assets for a total of 32.5 million. There are still seven assets to be used on, and the money present, that's Ploiesti Grand Centre, million and alone it's got 40 million and the other six are about 35, 36 million. So the goal for 2026 is the disposal of the six small assets so that in 2027 we can focus on the bigger assets and the more global assets. And then we launched a restyling, external restyling to get it ready for sale, for disposal. And so I reconfirmed our target for 2026 disposals for additional 30 million in line what we had disclosed in our business plan. As far as Romania was concerned, if we move to page 3 in our presentation, You wi...