Published On: November 20th, 2024Categories: Trade Ideas
In this investment case, we focus our attention on Klépierre SA, the European leader in shopping malls. Klépierre is fully dedicated to the Retail sector and specializes in European shopping centers, holding a property portfolio valued at €19.9bn as of the 1H24. The company maintains a robust balance sheet, and its operational performance remains strong. Klépierre is committed to maintaining a high credit rating. We consider Klépierre as a top defensive pick in the EU Real Estate sector.
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