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Investment property
12 Months Ended
Dec. 31, 2021
Text Block [Abstract]  
Investment property Investment property
The following table provides a breakdown for investment property:
(Euro thousands)
Historical cost at December 31, 2019
58,184 
Exchange differences(4,917)
Balance at December 31, 2020
53,267 
Additions— 
Exchange differences4,445 
Disposition(57,712)
Balance at December 31, 2021
— 
Accumulated depreciation at December 31, 2019
(3,022)
Depreciation(802)
Exchange differences311 
Balance at December 31, 2020
(3,513)
Depreciation(264)
Exchange differences(305)
Disposition4,082 
Balance at December 31, 2021
— 
Carrying amount at: 
December 31, 201955,162 
December 31, 202049,754 
December 31, 2021— 
As a result of the Disposition, the Group’s investment property was disposed of in 2021 through the demerger to its existing shareholders of (i) the Group’s real estate assets, consisting of the Company’s former subsidiary EZ Real Estate, which directly and indirectly holds substantially all of Zegna’s real estate assets, as well as certain properties owned by Lanificio. For further details please refer to Note 1 - General information.