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home / news releases / KLPEF - Klepierre: A Strong European REIT With A ~7.9% Dividend


KLPEF - Klepierre: A Strong European REIT With A ~7.9% Dividend

  • 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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