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%). 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 billion euro shopping center portfolio with strategic positions in the Netherlands, France, Italy, Germany, Spain and Turkey.[6]
Portfolio
Shopping centres
In 2024, the company had more than 70 shopping centres.[7] It has a presence in more than 10 countries, mostly in Europe, with 1.2 billion visitors to its shopping centres each year.[8] The company focuses on urban centers that are going through rapid demographic change and that are well integrated with local infrastructure.[9]
External links
References
- 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, 2015-05-08, retrieved 2017-01-04^
- Diana Mandia. Big city malls the future for Klepierre in battle with online Reuters, May 21, 2024, retrieved 2024-06-11^
- Konix Interactive. Konix Collaborates with One Piece in 13 Klépierre Shopping Centers! KONIX, 2024-04-24, retrieved 2024-06-12^
- Klépierre 2014 Essentials^