Klépierre
 | |
| Type | Société Anonyme |
|---|---|
| Traded as | Euronext: LI |
| Industry | Property |
| Founded | 1990 |
| Headquarters | Avenue Kléber, Paris, France |
| Key people | Laurent Morel (CEO), Jean-Michel Gault (Deputy CEO, Member of the executive board) |
| Products | Commercial property |
| Operating income | €983.0 million (2012)[1] |
| Profit | €166.6 million (2012)[1] |
| Total assets | €16.4 billion (end 2012)[1] |
| Total equity | €3.665 billion (end 2010)[1] |
| Employees | 1,467 (end 2012)[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 in France, Spain 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 center
Klepierre owns 261 commercial centers for a value of 16.5 Billion Euros and manages 333. It has a presence in 13 countries on the European continent with 1.5 billion visitors flocking to its center each year. In fact, Klepierre has become a partner of choice for Europe's leading retailers (Zara, Mango, Bershka, Stradivarius, H&M, Séphora,...). 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.