Klépierre

Klépierre S.A.
Société Anonyme
Traded as Euronext: LI
Industry Property
Founded 1990
Headquarters Avenue Kléber, Paris, France
Key people
 Jean-Marc Jestin (CEO), Jean-Michel Gault (Deputy CEO, Member of the executive board)
Products Commercial property
€903.8 million (2014)[1]
Profit €808.1 million (2014)[1]
Total assets €21.4 billion (end 2014)[1]
Total equity €2.421 billion (end 2014)[1]
Number of employees
 1,137(end 2014)[1]
Website www.klepierre.com

Klépierre is a French real estate investment company.

It was founded in 1990 and specializes in commercial real estate. It develops, owns and manages shopping centres primarily in France, Belgium, Scandinavia, and Italy, as well as several other European countries.

The company is controlled with a 28.9% by Simon Property Group and 21.9% by BNP Paribas and is a member of the CAC Next 20 index of French companies.

Portfolio

Shopping centres

As of 2014, the company had 178 shopping centres worth €21.4 billion. It has a presence in 13 countries on the European continent with 1.2 billion visitors to its shopping centres each year. The company focuses on urban centers that are going through rapid demographic change and that are well integrated with local infrastructure.[2] Klépierre has become a partner of choice for Europe's leading retailers (including Zara, Mango, Bershka, Stradivarius, H&M, Sephora). It is worth noting that 80% of its shopping centers are located in the most dynamic retail catchment areas, representing a market of more than 80 million consumers.

Retail properties

Klépierre created the subsidiary Klémurs to expand its offering in the area of commercial real estate in France. The primary business purpose of this real estate company, admitted to the stock exchange in 2006, is to build a real estate portfolio composed mainly of the outsourced retail property assets of large retailers.

Office properties

Klépierre owns, leases and manages a portfolio of office properties located in the business districts of Central and Western Paris. Klépierre has opted to focus on a small number of prime office property assets that meet high profitability standards.

References

  1. 1 2 3 4 5 "Key Figures". Klépierre. Retrieved 17 December 2015.
  2. ↑ "Klépierre 2014 Essentials" (PDF).

External links

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