A Real Estate Investment Company (SIIC) focused on Retail Real Estate in Continental Europe

Founded in 1990, listed on the compartment A of Euronext ParisTM, Klépierre owns, manages and develops shopping centres in 13 countries: France, Scandinavia and Italy, notably.

Subsidiaries and Activities in Europe

Through its subsidiary Ségécé, Klépierre is also continental Europe’s leading shopping centre manager. Ségécé manages 308 centres, including 244 owned by Klépierre, providing retailers with the expertise and professionalism born of more than half a century of experience.

In 2008, Klépierre expanded its European operations with the acquisition of Steen & Strøm, Scandinavia’s leading shopping centre company. Steen & Strøm manages 48 shopping centres including 29 of its own.

Klémurs is a real estate investment company (SIIC) listed on the stock market since December 2006. It is 84.1% – owned by Klépierre and specialises mainly in the outsourcing of retail premises of French leading retail groups.

Klépierre also owns and manages high quality office premises located in Paris and its closest suburbs. Office management is a secondary activity (3.6% of holdings) for which Klépierre adopts an opportunistic approach according to market cycles.

 

A Few Figures

  • 1,495 employees
  • Property assets valuated at EUR 15.1 billion
  • Market capitalisation of EUR 5.1 billion ( 31/12/2010)
  • 2nd largest listed property group focused in shopping centres in continental Europe