Klépierre
Type | Société Anonyme |
---|---|
Euronext: LI CAC Next 20 Component | |
Industry | Property |
Founded | 1990 |
Headquarters | 26 Boulevard des Capucines, Paris , |
Key people | Jean-Marc Jestin (), Jean-Michel Gault (, ) |
Products | Commercial property |
Revenue | €1.32 billion (end 2017) |
€1.23 billion (end 2017) | |
Total assets | €25.14 billion (end 2017) |
Total equity | €2.421 billion (end 2014)[1] |
Number of employees | 1,402 (end 2017)[1] |
Website | www.klepierre.com |
Klépierre S.A. is a French real estate investment trust (REIT) and Europe’s second-biggest publicly traded mall operator.[2]
It was founded in 1990.[3] It focuses on the ownership, management and development of shopping centers across Continental Europe.[4]
The company’s largest shareholders are Simon Property Group, which owns 20.3% of the shares, and APG (13.1%), a Netherlands-based pension fund. Klepierre shares are listed on Euronext Paris and is a member of the CAC Next 20 index of French companies.
In July 2014, Klépierre offered to buy Dutch competitor Corio.[5] The deal was completed on March 31, 2015. Through this transaction Klépierre acquired a 7.0 billion euro shopping center portfolio with strategic positions in the Netherlands, France, Italy, Germany, Spain and Turkey.[6]
Portfolio[]
Shopping centres[]
In 2017, the company had 150 shopping centres worth €23.8 billion.[citation needed] It has a presence in 16 countries, mostly in Europe, with 1.2 billion visitors to its shopping centres each year.[citation needed] The company focuses on urban centers that are going through rapid demographic change and that are well integrated with local infrastructure.[7]
References[]
- ^ Jump up to: a b "Key Figures". Klépierre. Retrieved 17 December 2015.
- ^ "Klepierre Looks to Buy Out Mall Partners in Expansion". Bloomberg.com. 2014-05-19. Retrieved 2017-01-04.
- ^ Administrator. "Klepierre - (France LI)". reitinfo.com. Retrieved 2017-01-04.
- ^ "Simon to Acquire Stake in Klépierre; Buys Out Mills JV Partner". nreionline.com. 8 March 2012. Retrieved 2017-01-04.
- ^ "Klepierre Offers to Buy Competitor Corio for $5.6 Billion". Bloomberg.com. 2014-07-29. Retrieved 2017-01-04.
- ^ "Klépierre Group strengthens its position on shopping center property market - Shopping Center Forum". Shopping Center Forum (in Polish). 2015-05-08. Retrieved 2017-01-04.
- ^ "Klépierre 2014 Essentials" (PDF).
External links[]
- CAC Next 20
- Real estate companies of France
- Companies listed on Euronext Paris
- Real estate companies established in 1990
- Companies based in Paris
- Shopping center management firms
- 1990 establishments in France