Report
Florent Laroche-Joubert

Klépierre : Positive message on continued normalisation

>Confirmed return to normalised operating trend - We accompanied Arnaud Courtial (HIR) and Paul Logerot (IR) for their roadshow in Zurich and Geneva (see detailed feedback on the following pages).We understand from our discussions that the return to normalised operating trends is continuing month after month:April was fairly good and retailer revenues are on a par with 2019 at the group level. Footfall is following the same trend, with an ongoing lag,Th...
Underlying
Klepierre SA

Klepierre specializes in the development, rental, and asset management of real estate properties in 13 Continental Europe countries. Co. also provides services to third party customers. Co.'s properties include shopping centers, office buildings and shops. It structures its operation into business segments and geographic regions: Shopping centers are structured into 6 operating segments, and the remaining two operating segments are Retail Assets and Office Buildings. As of Dec 31 2013, Co.'s portfolio comprised 91 centers in France/Belgium, 25 centers in Scandinavia, 35 centers in Italy, 76 centers in Spain/Portugal, 23 centers in Central Europe, and 6 centers in other countries.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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