Immobiliare Grande Distribuzione nearly doubles H1 profit to EUR 20.6 million

Immobiliare Grande Distribuzione SIIQ reported strong first-half 2026 results, with net profit nearly doubling to EUR 20.6 million from the same period last year. Net rental income on a like-for-like basis rose 4.1%, while EBITDA grew 3.4% and funds from operations reached EUR 21.1 million. Tenant sales increased 4.6%, outperforming Italy's national shopping mall benchmark of 2.2%. CEO Roberto Zoia presented the results on August 4, 2026, highlighting the company's operating performance as the key driver behind the profit surge.