Klepierre REIT SA | REIT Profile

Symbol: LI
CIK: 737874
Exchange: EPA
Founded: 1990 (34 years)
HQ: Paris, France
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Retail

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With privileged access to 150 million consumers, Klépierre is the European specialist in shopping center properties. Situated in the most affluent, most densely populated and fastest growing consumer zones, the company has access to approximately 150 million European consumers. Like its main shareholder, Simon Property Group, Klépierre provides expertise in development and active management. Klépierre regularly reinvents its retail range, its activity and the customer experience in the shopping centers it owns and/or manages. Indeed it is the high-quality of the merchandising mix which attracts customers and encourages them to keep coming back. As a major player in continental Europe's retail property market, Klépierre has shopping center in 57 cities and 16 countries. Its property portfolio is worth 23.8 billion as of December 31, 2017 (excluding duties). Klépierre provides leading retailers with a unique range of shopping centers that together attract more than 1.1 billion visitors each year. The Group runs major development, refurbishment and extension programs in its shopping centers, improving services, innovating and enhancing user comfort. The result is a unique setting where retailers and consumers come together under ideal conditions that make them want to return.