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28 May 2012

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Italy's IGD boosts net 44%, sees better 2011

Italian shopping centre REIT IGD boosted 2010 net profit 44% to E29.3m and by 9% in FFO. Despite complex global market conditions, IGD said it feels comfortable confirming all financial-economic targets presented in the 2009-2013 business plan in November. CEO Claudio Albertini said this indicates the group is moving forward with determination.

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