Klépierre

Klépierre is a French real estate company that specializes in shopping center development and management. The company was founded in 1990 and is headquartered in Paris.
Klépierre operates shopping centers in 13 countries across Europe, with a focus on France, Spain, Italy, and Central and Eastern European countries. As of June 2021, the company owned and managed a portfolio of 88 shopping centers, totaling 16 million square meters of retail space.
Klépierre’s main business activity is the acquisition, development, and management of shopping centers. The company also offers services such as marketing, leasing, and property management to its tenants. Its portfolio includes both large-scale shopping centers and smaller retail properties in urban and suburban areas.
In recent years, Klépierre has also been focused on sustainability and has implemented environmental, social, and governance (ESG) initiatives in its operations. The company has set a goal to reduce its carbon footprint by 50% by 2030 and has implemented green building certifications in its new developments.
As of 2020, the largest shareholder of Klépierre is SIMP, a subsidiary of French retail group Groupe Auchan, with a 24.7% ownership stake. Other major shareholders include BlackRock and Norges Bank Investment Management.
Klépierre is listed on the Euronext Paris stock exchange and is part of the CAC 40 index, which includes the 40 largest companies listed on the French stock exchange by market capitalization.

1. One of the largest real estate companies: Klépierre is one of the largest real estate companies in Europe, and the largest mall operator on the continent. It has a portfolio of over 100 shopping centers, including some of the most iconic and high-performing retail properties.
2. Global presence: Klépierre has a strong presence in 13 countries, including France, Spain, Italy, Belgium, and Scandinavia. Its international reach allows it to tap into different markets and diversify its income streams.
3. Focus on sustainable development: Klépierre is committed to sustainable development and has implemented various initiatives to reduce its environmental impact, such as energy-efficient buildings, waste management, and eco-responsible projects.
4. Partnership with major retailers: The company has established strong partnerships with major international retailers, such as H&M, Zara, and Uniqlo. This enables Klépierre to attract top-performing stores and create a diverse and attractive tenant mix in its shopping centers.
5. Innovations in customer experience: Klépierre is constantly investing in new technologies and innovations to enhance the shopping experience for its customers. This includes the use of digital tools, personalized services, and entertainment offerings to create a unique and immersive shopping experience.
6. Strong financial performance: Over the years, Klépierre has delivered strong financial performance, achieving consistent growth in revenues and profits. This has made it a reliable investment option for shareholders and a stable partner for retailers.
7. Corporate social responsibility: The company is committed to corporate social responsibility and has implemented various initiatives to give back to the communities where it operates. This includes supporting local charities, promoting diversity and inclusion, and engaging in sustainability projects.
8. Dynamic and experienced team: Klépierre has a team of highly experienced and skilled professionals who bring a wealth of knowledge and expertise to the company. This allows it to stay ahead of market trends and make strategic decisions for long-term success.

Klépierre is a leading European real estate company specializing in shopping center development, management, and property investment. The company’s business model is based on owning, developing, and managing retail properties, primarily shopping centers. Klépierre generates revenues from a diverse range of sources, including rental income, management fees, and sales of development projects.
The company’s business model is focused on creating value for its shareholders by acquiring, developing, and continuously enhancing its portfolio of shopping centers. This is achieved through a mix of strategic investments, asset management, and active leasing.
Klépierre’s main source of revenue comes from leasing out space to retailers within its shopping centers. The company seeks to attract a diverse mix of tenants and negotiate long-term leases that provide stable rental income. Klépierre also offers value-added services to its tenants, such as marketing and promotional events, to increase footfall and generate more business for its retailers.
In addition, Klépierre generates income from property management services, such as maintenance, security, and cleaning, which it provides to its own properties as well as third-party clients. The company also earns revenues from the development and sale of new shopping centers, both in partnership with other developers and through its own projects.
Klépierre’s business model is based on a sustainable and responsible approach to real estate management, with a focus on environmental, social, and governance (ESG) considerations. The company aims to create value for all stakeholders, including tenants, investors, employees, and local communities.

1. Klépierre was founded in 1990 in Paris, France as a merger between the French real estate companies, Compagnie Generale des Etablissements André and Compagnie Havenzie.
2. The name Klépierre is a combination of the words clé, meaning key in French, and pierre, meaning rock or stone. The name is meant to symbolize the anchor and stability of the company in the real estate market.
3. The company’s primary business is owning, managing, and developing shopping centers throughout Europe. It also has a presence in Brazil and China.
4. In total, Klépierre owns 102 shopping centers with a combined property value of over 24 billion euros.
5. The company’s largest shareholder is the French property group, Simon Property Group, which owns a 20% stake.
6. In 2012, Klépierre became the first real estate company to be listed on the French stock exchange’s main index, the CAC 40.
7. The company’s strategy is focused on creating attractive and sustainable urban shopping destinations. This includes incorporating cultural and leisure elements in their shopping centers to create a more well-rounded experience for visitors.
8. Klépierre has won several awards for its sustainability efforts, including being named the most sustainable listed real estate company in Europe by the Global Real Estate Sustainability Benchmark.
9. The company operates under a strict corporate social responsibility policy, which includes commitments to environmental responsibility, social equity, and ethical business practices.
10. Klépierre is also involved in several philanthropic initiatives, including supporting education and children’s charities through its foundation, Fondation Klépierre.