Klépierre

 A real estate investment company listed on the Eurolist by Euronext Paris (TM), Klépierre develops, owns and manages shopping centres in 10 European countries, mainly France, Spain and Italy. Over 43% of Klépierre’s business is conducted outside France.

Klépierre is active in the externalisation of major groups’ real-estate of through its listed subsidiary Klémurs (at 84.1%).

Klépierre, a few figures

a workforce of 1,103 employees

a market capitalisation of EUR 4.8 billion at 31 December 2007
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 11.3 billion at year-end, of which more than 86% consisted of shopping centres with the remaining 10% made up of offices.

www.klepierre.fr

Ségécé, Klépierre's subsidiary

Klépierre’s success in its shopping centre activity is supported by the centralised development and management capabilities of its fully-owned subsidiary Ségécé that manages 342 shopping centres – 240 of which belong to Klépierre – through a network of 8 subsidiaries. Ségécé is continental Europe’s no. 1 manager of shopping centres.
www.segece.com