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KLPEF - Klepierre: A Strong European REIT With A ~7.9% Dividend
May, 15 2022 02:11 AM
Klepierre Sa Ord
Klépierre suffered significantly from the Covid lockdowns, along with its tenants. The recovery is going well, with their tenants' retail sales getting close to pre-Covid levels, and occupancy in its malls recovering quickly. The company has also taken steps to strengthen the balance sheet and is now in a very comfortable position to be able to pay an attractive dividend. We believe shares are significantly undervalued and are an attractive buy currently. For further details see:
Klepierre: A Strong European REIT With A ~7.9% Dividend
Stock Information
Company Name:
Klepierre Sa Ord
Stock Symbol:
KLPEF
Market:
OTC
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