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In Brief > Core businesses > Other activities > Klépierre
Klépierre
A real estate investment company founded in 1990 and listed on the Eurolist by Euronext Paris (TM), Klépierre develops, owns and manages shopping centres in 13 European countries, mainly France, Spain and Italy.
Klépierre, a few figures
a workforce of 1,516 employees a market capitalisation of EUR 2.9 billion at 31 December 2008 continental Europe's 2nd largest listed property group specialised in shopping centres
Klépierre also owns and manages high quality office premises located in Paris and its inner suburbs. Office management is a secondary activity resulting from strategic opportunities arising in the course of market cycles.
Its property assets totalled EUR 14.8 billion at year-end.
Through its subsidiary Ségécé, Klépierre is also continental Europe’s leading shopping centre manager. Ségécé manages 322 centres, including 246 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 investor. Steen & Strøm manages 56 shopping centres including 30 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 sale and leaseback of retail premises for the major retail groups.
