Klépierre
French investment trust
From Wikipedia, the free encyclopedia
Klépierre S.A. is a French real estate investment trust (REIT) and Europe’s second-biggest publicly traded mall operator.[2]
| |
| Company type | Public |
|---|---|
| Euronext Paris: LI
CAC Next 20 Component | |
| Industry | Property |
| Founded | 1990 |
| Headquarters | 26 Boulevard des Capucines, Paris , France |
Key people |
|
| Products | Commercial property |
| Revenue | €1.32 billion (end 2017) |
427,200,000 euro (2023)  | |
| €1.23 billion (end 2017) | |
| Total assets | €25.14 billion (end 2017) |
| Total equity | €2.421 billion (end 2014)[1] |
| Owner | Simon Property Group (22%) |
Number of employees | 1,402 (end 2017)[1] |
| Website | www.klepierre.com |
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]
