KLPEF News and Press, Klepierre Sa Ord From 01/22/20

It may seem counter-intuitive that during a year in which the world economy recorded its weakest performance since the global financial crisis, asset prices delivered fantastic returns across the board. Somewhat ironically, today’s situation is the exact opposite of the one we desc...

Those who already follow me know I have a long-term bullish outlook on high-quality retail REITs in Europe, and I believe the recent take-over of Atrium Real Estate ( ATRBF ) has proven there is value in the sector. Mall REITs remain cheap vs. historical averages both from an NAV and P/FFO m...

Introduction In the past few years, so many market watchers expected the booming e-commerce sector to wipe out the shopping malls and have a very negative impact on the so-called commercial REITs. I never agreed with that viewpoint as I think it’s perfectly possible for e-commerce...

Klépierre SA (KLPEF) Q2 2019 Earnings Conference Call July 25, 2019 03:00 AM ET` Company Participants Jean-Marc Jestin - Chairman of the Executive Board Jean-Michel Gault - Deputy Chief Executive Officer Conference Call Participants Bart Gysens - Morgan Stanley Peter P...

Two weeks after my article on Atrium European Real Estate ( ATRBF ), Gazit Globe ( GZTGF ), already the majority shareholder since 2008, announced it is buying up the remaining 40% stake in the business. The deal, expected to close on January 2nd, 2020, values Atrium at EUR 3.75 per share,...

The following slide deck was published by Klépierre SA in conjunction with their 2019 Q2 earnings Read more ...

Klépierre SA ( OTCPK:KLPEF ): 1H GAAP EPS of €0.55. More news on: Klépierre SA, Earnings news and commentary, Financial stocks news, Read more ...

It is no mystery: over the past couple of years, the continuous rise of e-commerce, coupled with some prominent bankruptcies, has rattled investors, pushing them away from retailers and mall operators altogether. The trend has not been confined to the US but spread to Europe as well, and this ...

Introduction The commercial REITs in Europe have been hit hard lately as even the ones focusing on high-quality malls and tenants like Klépierre ( OTCPK:KLPEF ) and Eurocommercial Properties ( OTC:EUCMF ) have seen their share prices come under pressure. In these two cases, I fe...

We have increased our position in Klépierre ( KLPEF ). The company is one of the largest and highest-quality REITs in Europe. Morgan Stanley recently issued a report highlighting the downside risks for European retail property, noting the possibility of online channels gaining more shar...