Business Immo, the real estate website

Klépierre

Listed 06/05/2020

Klépierre places €600m 9-year bond at a 2.0 % coupon

French mall REIT/SIIC Klépierre announced today that it successfully placed a €600m bond maturing on May 12, 2029 with a 2.0% coupon. The bond (...)

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 (...)

Retail 16/03/2020

Coronavirus: how France's retail sector apprehends the store closures

Faced with the temporary closure of places "non-essential" to the life of the nation, announced Saturday by Prime Minister Édouard Philippe, France’s retail sector (...)

Retail 10/03/2020

Dutch Wereldhave prepares its exit from France

After conducting a thorough evaluation of its portfolio, Dutch shopping centre group Wereldhave decided to transform its shopping centres into "Full Service Centres", mixed-use (...)

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 (...)

Career 15/01/2020

France’s Klépierre appoints new Management Director for France, Northern Region and Belgium

According to BI sources, Tiphaine Olivier has joined French REIT/SIIC Klépierre as Management Director for France, the Northern Regions and Belgium. She was previously (...)

Retail 11/12/2019

French ImocomPartners add Paris suburb retail park for €28m

Live from Simi (Paris) - French retail park specialist ImocomPartners is acquiring from Klépierre an 18,500 sqm retail park in Pontault-Combault for a total of €28m.  Thanks to this (...)

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 (...)

Retail 19/06/2019

UK's Intu, Hammerson said eyeing sale of Spanish retail assets

British property firms Intu Properties and Hammerson are said to be considering selling some or all of their retail assets in Spain worth around (...)

Finance 18/04/2019

New actors on the European stage

“When it comes to equity, European real estate is like a busy nightclub – as soon as one group leaves, another seems to be (...)

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 03/07/2018

South African listed NEPI Rockcastle adds Slovakia mall for €122m

South African listed NEPI Rockcastle, which specialises in central European retail property, has acquired the Galeria Mlyny shopping centre in the Slovakian city of Nitra (...)

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 (...)

Office 04/04/2018

JLL widens into listed RE capital advisory, also stressing S.African needs

Global property advisor JLL is extending its corporate finance advisory into the listed sector in Europe, placing some emphasis on advising South African firms interested in (...)

Listed 19/03/2018

French Klépierre says £5bn bid for UK's Hammerson already rejected

French listed retail giant Klépierre on Monday confirmed it has made what it calls a friendly takeover offer for UK peer Hammerson at 615p per share, a premium (...)

Finance 16/02/2018

French listed mall group Carmila raises 2017 earnings 6.2% to €183m

French shopping centre group Carmila, an affiliate of giant hypermarket chain Carrefour, said 2017 recurring EPRA earnings rose 6.2% to €182.9m on a portfolio valued at €5.8bn, 9.1% (...)

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 (...)

Retail 12/12/2017

Unibail-Rodamco in agreed €13.28bn takeover of Australia's Westfield

Europe's largest REIT and its biggest manager of retail space, the Franco-Dutch Unibail-Rodamco, has agreed to buy Australian counterpart Westfield for €13.28bn, adding London and (...)