0F4I Stock Discussion
Klepierre SA Description
Klépierre, the European leader in shopping centers, combines expertise in terms of development, rental management and asset management. The company's portfolio is estimated at "19.8 billion as of December 31, 2022, and includes major shopping centers in more than 10 countries in continental Europe, which welcome hundreds of millions of visitors per year. Klépierre holds a majority stake (56.1%) in Steen & Strøm, the leading Scandinavian shopping center property company. Klépierre is a French listed property investment company (SIIC), whose shares are admitted to trading on Euronext Paris, and is a member of the CAC Next 20 and EPRA Euro Zone indices. It is also a member of ethical indices, such as the CAC SBT 1.5, MSCI Europe ESG Leaders, FTSE4Good, Euronext Vigeo Europe 120, and is on the CDP's A List. These distinctions underline the Group's commitment to a proactive approach to sustainable development, as well as the Group's global leadership in the fight against climate change.
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