KLEPIERRE : Klépierre: Signature with Carrefour of the binding agreement for the disposal of 127 retail galleries

For immediate release

KLEPIERRE SIGNS WITH CARREFOUR THE BINDING AGREEMENT FOR THE DISPOSAL OF
A PORTFOLIO OF 127 CARREFOUR-ANCHORED RETAIL GALLERIES

Paris - January 24, 2014

Klépierre today announces it has signed the binding agreement for the disposal of a portfolio of 127 Carrefour-anchored retail galleries in Europe. This agreement confirms the terms included in the memorandum of understanding signed on December 16, 2013.

The transaction remains subject to approval of the competent regulatory authorities. This transaction is expected to close in the second quarter of 2014.

AGENDA
February 3, 2014	2013 Full year results (press release after market close)

ABOUT KLEPIERRE

A leading shopping center property company in Europe, Klépierre combines development, rental, property and asset management skills.

Its portfolio is valued at 16.2 billion euros on June 30, 2013 and essentially comprises large shopping centers in 13 countries of Continental Europe. Klépierre holds a controlling stake in Steen & Strøm (56.1%), Scandinavia's number one shopping center owner and manager.

Klépierre's largest shareholders are Simon Property Group (28.9%), world leader in the shopping center industry, and BNP Paribas (21.9%).

Klépierre is a French REIT (SIIC) listed on Euronext ParisTM and is included into the SBF 80, EPRA Euro Zone and GPR 250 indexes. Klépierre is also included in several ethical indexes - DJSI World and Europe, FTSE4Good, STOXX® Global ESG Leaders, Euronext Vigeo France 20 and Eurozone 120 - and is a member of both Ethibel Excellence and Ethibel Pioneer investment registers. Klépierre is also ranked as a Green Star by GRESB (Global Real Estate Sustainability Benchmark). These distinctions mark the Group's commitment to a voluntary sustainable development policy.

For more information, visit our website: www.klepierre.com:
http://www.klepierre.com

 

 

CONTACTS

Vanessa FRICANO - [phone] - [e-mail]:
mailto:[e-mail]

Julien ROUCH - [phone] - [e-mail]:
mailto:[e-mail]

Isabelle LAURENT (Media) - + 33 1 53 32 61 51 / [phone] - [e-mail]:
mailto:[e-mail]

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This press release is available on Klépierre's website: www.klepierre.com:
http://www.klepierre.com

Klépierre and Carrefour binding agreement:
http://hugin.info/155397/R/1757071/593554.pdf

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Klépierre via Globenewswire

HUG#1757071