| Retail REITs Industry | Real Estate Sector | Mr. Jean-Marc Jestin CEO | XSTU Exchange | FR0000121964 ISIN |
| FR Country | 1,056 Employees | 8 Jul 2025 Last Dividend | 3 Sep 2007 Last Split | - IPO Date |
Klépierre SA stands as the forefront entity in the European shopping mall landscape, skillfully blending property development with asset management proficiencies. As of December 31, 2023, the company boasts a robust portfolio valued at €19.3 billion, encompassing premier shopping centers across more than 10 countries in Continental Europe. These centers collectively welcome hundreds of millions of visitors annually, making Klépierre a pivotal player in retail and real estate sectors. With a 56.1% controlling interest in Steen & Strøm, Scandinavia’s leading shopping center owner and manager, Klépierre reinforces its position. Being a French Real Estate Investment Trust (SIIC), its presence on Euronext Paris and inclusion in distinguished indexes like CAC Next 20 and EPRA Euro Zone, along with ethical indexes such as Euronext CAC 40 ESG, Euronext CAC SBT 1.5, and MSCI Europe ESG Leaders, emphasize its commitment to sustainable development. These recognitions, including accolades like FTSE4Good and CDP's "A-list," accentuate Klépierre's proactive stance in the global battle against climate change and sustainability leadership.
Focusing on creating vibrant, must-visit destinations, Klépierre SA's shopping centers are more than just places to shop. By integrating a variety of retail, dining, and leisure experiences, these centers are designed to enhance the visitor's experience, thereby increasing foot traffic and tenant satisfaction.
Klépierre SA applies its extensive expertise in the development of new shopping centers and the refurbishment of existing ones. Their development strategy emphasizes sustainability and innovation, aiming to meet the evolving needs of consumers and retailers alike, thereby ensuring long-term asset value growth.
Expert asset management is at the core of Klépierre’s operations, focusing on maximizing the performance of its real estate portfolio. This includes strategic leasing to enhance and diversify the tenant mix, implementing operational efficiencies, and engaging in active financial management to improve the overall asset value and generate stable returns for shareholders.