Business Immo, the real estate website

Jean-Marc Jestin

Listed 23/10/2020

Klépierre’s gross rental income down 7.1 % after Q3

Over the first nine months of 2020, Klépierre’s gross rental income generated by shopping centers amounted to €852.9m on a total share basis, down (...)

Listed 30/07/2020

Klépierre's main financial indicators declined in H1 2020

Klépierre reported a 4.2% decline in net current cash flow, to €392.1m, for the first half of 2020. Earnings per share amounted to €1.37, (...)

Listed 08/04/2020

French REIT/SIICs URW and Klépierre reduce senior management compensation

French REIT/SIICs Unibail-Rodamco-Westfield (URW) and Klépierre both announced measures to reduce senior management compensations during the Covid-19 epidemic. “As a sign of solidarity with all (...)

Listed 06/02/2020

French retail giant Klépierre grows 2019 cash-flow 6.7%

French retail property giant Klépierre raised net current cash flow per share i by 6.7% in 2019, at €2.82 and said it will propose (...)

Listed 25/07/2019

France's Klépierre 1H net cash-flow up 5.4%; strategy aligned with retail transformation

Paris mall group Klépierre reported 1H19 net current cash-flow up 5.4%yy to €1.38 per share and said its strategy is perfectly aligned with the transformation of (...)

Listed 07/02/2019

French retail giant Klépierre grows 2018 cash-flow 6.5%, to raise div 7%

French retail property giant Klépierre raised net current cash-flow per share by 6.5% last year to €2.65, and said it will propose a 7% higher dividend (...)

Retail 23/10/2018

French Klépierre has no acquisition plans, to focus on organic growth - Jestin

Paris-based shopping centre REIT/SIIC Klépierre has no plans for external acquisitions but will focus on organic growth and the best locations going forward, its Chairman Jean-Marc Jestin says. Asked (...)

Listed 26/07/2018

French mall REIT Klépierre boosts 1H net 7%, raises 2018 cash-flow guidance

French shopping centre REIT/SIIC Klépierre reported a near 7% rise in net income to €759.6m in first half. With net current cash-flow up 7.8 (...)

Retail 13/04/2018

UK's Hammerson shares plunge after French Klepierre calls off bid

French shopping centre giant Klépierre said Friday it will not go ahead with an increased bid of 635p per share for UK retail REIT Hammerson after a discussion (...)

Retail 08/02/2018

French mall REIT Klépierre boosts 2017 net to €1.5bn, raises div., guidance

French shopping centre REIT/SIIC Klépierre reported a slight rise in net income for 2017 to €1.50bn from €1.48bn a year earlier, plus a 7.4% climb in (...)

Finance 01/10/2017

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)