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Klepierre SA (LOIM.PA)

LOIM.PA on Paris Stock Exchange

31.51EUR
21 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Klepierre H1 Net Current Cash Flow Per Share +7.8% Versus Year Ago
Thursday, 26 Jul 2018 01:01am EDT 

July 26 (Reuters) - KLEPIERRE SA ::H1 NET CURRENT CASH FLOW PER SHARE +7.8% VERSUS. FIRST HALF 2017 AT EUR 1.31.H1 SHOPPING CENTER NET RENTAL INCOME +3.2% LIKE-FOR-LIKE, OUTPERFORMING INDEXATION BY 200 BPS.H1 RETAILER SALES +1.4% LIKE-FOR-LIKE.H1 COST OF DEBT FURTHER REDUCED BY 30 BPS VERSUS. JUNE 30, 2017 TO 1.6%.H1 PROPERTY PORTFOLIO VALUED AT EUR 24.6BN, +2.9% LIKE-FOR-LIKE OVER 12 MONTHS.H1 EPRA NET ASSET VALUE AT EUR 39.50, +6.8% OVER 12 MONTHS.DISPOSALS SINCE JANUARY 1, 2018 TOTALING EUR 316.5 MILLION.SUCCESS FOR NEW PRADO MALL (MARSEILLE) OPENED END MARCH.INITIAL CASH-FLOW GUIDANCE FOR FULL-YEAR 2018 RAISED TO AT LEAST EUR 2.62 PER SHARE FROM EUR 2.57–EUR 2.62.WE ARE RAISING OUR FULL-YEAR GUIDANCE FOR 2018 AND ARE CONFIDENT IN OUR ABILITY TO SUSTAIN GROWTH IN THE YEARS TO COME - CEO.KLÉPIERRE EXPECTS TO MAINTAIN A SUSTAINED LEVEL OF RENTAL GROWTH DURING THE SECOND HALF OF THE YEAR.  Full Article

Klepierre Q1 Total Gross Rental Income Up At EUR 310.0 Million
Thursday, 26 Apr 2018 11:45am EDT 

April 26 (Reuters) - KLEPIERRE SA ::Q1 TOTAL GROSS RENTAL INCOME EUR 310.0 MILLION VERSUS EUR 300.4 MILLION YEAR AGO.Q1 REVENUE EUR 331.5 ‍​ MILLION VERSUS EUR 320.6 MILLION YEAR AGO.CONFIRMS OUTLOOK FOR 2018.  Full Article

Hammerson Says Klepierre's Revised Bid "Very Significantly" Undervalues Company
Wednesday, 11 Apr 2018 02:13am EDT 

April 11 (Reuters) - Hammerson Plc ::STATEMENT RE REVISED PROPOSAL FROM KLÉPIERRE S.A..RECEIVED A REVISED PROPOSAL FROM KLÉPIERRE RELATING TO A POSSIBLE ACQUISITION OF ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HAMMERSON.REVISED PROPOSAL IS 635 PENCE PER HAMMERSON SHARE, COMPRISING 50% IN NEW KLÉPIERRE SHARES AND 50% IN CASH..BOARD REMAINS OPEN TO DISCUSS ANY PROPOSAL FROM KLÉPIERRE WHICH PROPERLY REFLECTS VALUE OF COMPANY.PROPOSAL AT 635P, IS ONLY A 3% INCREASE ON PREVIOUS PROPOSAL AND CONTINUES VERY SIGNIFICANTLY TO UNDERVALUE COMPANY.THERE CAN BE NO CERTAINTY OF A FIRM OFFER FOR HAMMERSON FROM KLÉPIERRE OR TERMS ON WHICH ANY FIRM OFFER MIGHT BE MADE.  Full Article

Hammerson Says ‍Klépierre Proposal "Very Significantly" Undervalues Hammerson​
Monday, 19 Mar 2018 04:52am EDT 

March 19 (Reuters) - Hammerson Plc ::STATEMENT RE ANNOUNCEMENT BY KLÉPIERRE S.A..‍STATEMENT RE ANNOUNCEMENT BY KLÉPIERRE S.A.​.‍REMAINS FULLY COMMITTED TO ACQUISITION OF INTU PROPERTIES PLC ANNOUNCED ON 6 DECEMBER 2017.‍CONFIRMS IT RECEIVED, REJECTED HIGHLY PRELIMINARY AND NON-BINDING PROPOSAL FROM KLÉPIERRE REGARDING POSSIBLE CASH, SHARE OFFER.HAMMERSON ‍BOARD STRONGLY ADVISES SHAREHOLDERS TO TAKE NO ACTION​.‍KLÉPIERRE PROPOSAL "VERY SIGNIFICANTLY" UNDERVALUES HAMMERSON​.  Full Article

Klépierre: Statement Regarding Hammerson PLC
Monday, 19 Mar 2018 03:00am EDT 

March 19 (Reuters) - KLEPIERRE ::REG-KLÉPIERRE : STATEMENT REGARDING HAMMERSON PLC ("HAMMERSON").NOTES RECENT SPECULATION REGARDING A PROPOSAL MADE BY KLÉPIERRE TO HAMMERSON..CONFIRMS THAT ON 8 MARCH 2018, KLÉPIERRE MADE A PROPOSAL ON A NON-ADVERSARIAL BASIS TO BOARD OF HAMMERSON.INTENTION OF ENGAGING IN A CONSTRUCTIVE DIALOGUE REGARDING A POSSIBLE OFFER TO ACQUIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HAMMERSON.INTENTION TO BUY AT VALUE OF 615 PENCE PER HAMMERSON ORDINARY SHARE.PROPOSAL REPRESENTS A PREMIUM OF APPROXIMATELY 40.7% TO CLOSING PRICE OF 437.10 PENCE PER HAMMERSON ORDINARY SHARE ON 16 MARCH 2018.CONSIDERATION WOULD COMPRISE A COMBINATION OF CASH AND SHARES IN KLÉPIERRE..BOARD OF HAMMERSON REJECTED PROPOSAL IN LESS THAN 24 HOURS ON 9 MARCH 2018..  Full Article

Klepierre FY Total Revenue Rises To 1.32 Billion Euros
Wednesday, 7 Feb 2018 11:45am EST 

Feb 7 (Reuters) - KLEPIERRE ::FY CURRENT NET CASH-FLOW PER SHARE EUR 2.48, UP 7.4 PERCENT YOY.FY TOTAL REVENUE EUR 1.32 BILLION VERSUS EUR 1.30 BILLION YEAR AGO.TO PAY A DIVIDEND OF EUR 1.96 PER SHARE FOR 2017.FOR 2018 AIMS CURRENT NET CASH-FLOW PER SHARE IN BETWEEN EUR 2.57 AND EUR 2.62.  Full Article

Klepierre Closes Bond Tender Offer
Thursday, 7 Dec 2017 06:44am EST 

Dec 7 (Reuters) - Klepierre ::REG-KLEPIERRE CLOSES BOND TENDER OFFER.‍CLOSES TENDER OFFER IT LAUNCHED ON NOVEMBER 28, 2017 FOR FOUR BONDS​.AGGREGATE NOMINAL AMOUNT TENDERED ON FOUR BONDS AMOUNTED TO €96.7 MILLION..  Full Article

Klepierre Places 15-Year 500 Million Euro Bond At 1.625% Coupon
Tuesday, 28 Nov 2017 12:22pm EST 

Nov 28 (Reuters) - KLEPIERRE ::REG-KLÉPIERRE SUCCESSFULLY PLACES 15-YEAR €500 MILLION BOND AT A 1.625% COUPON.‍BOND WAS PRICED AT 50 BASIS POINTS ABOVE SWAP RATE​.‍OVERSUBSCRIBED 2.4 TIMES​.‍BNP PARIBAS, CRÉDIT AGRICOLE CIB, HSBC, ING, MIZUHO INTERNATIONAL AND NATWEST MARKET ACTED AS JOINT-BOOKRUNNERS FOR NEW ISSUE​.‍OFFER PERIOD FOR TENDERED BONDS IS EXPECTED TO END ON DECEMBER 6, 2017​.  Full Article

Klepierre Launches Tender Offer On Four Series Of Notes
Tuesday, 28 Nov 2017 03:32am EST 

Nov 28 (Reuters) - KLEPIERRE ::REG-KLÉPIERRE : LAUNCH OF TWO FINANCIAL TRANSACTIONS.‍SERIES 1: EUR 500,000,000 2.75 PER CENT, DUE 17 SEPTEMBER 2019 ISSUED BY CO .SECOND SERIES OF NOTE: €500,000,000 3.25 PER CENT. GUARANTEED NOTES DUE 26 FEBRUARY 2021 ‍​​.SECOND SERIES OF NOTES ISSUED BY CORIO N.V. ON 28 FEB 2013.SECOND SERIES OF NOTES GUARANTEED BY BRESTA I B.V., CORIO BELEGGINGEN I B.V., CORIO MANAGEMENT B.V. AND CORIO NEDERLAND B.V. ‍​.‍SERIES 3: EUR 600,000,000 4.75 PER CENT, NOTES DUE 14 MARCH 2021, ISSUED IN 6 TRANCHES BY CO ‍​.SERIES 4: €85,000,000 3.516 PER CENT, GUARANTEED NOTES DUE 13 DECEMBER 2022 ISSUED BY CORIO N.V.​.  Full Article

Klepierre 9-month total revenues rise to ‍​985.9 million euros
Thursday, 26 Oct 2017 11:45am EDT 

Oct 26 (Reuters) - KLEPIERRE ::9M TOTAL REVENUES EUR ‍​985.9 MILLION VERSUS EUR 972.3 MILLION YEAR AGO.9M TOTAL GROSS RENTAL INCOME EUR ‍​924.4 MILLION VERSUS EUR 907.9 MILLION YEAR AGO.2017 OUTLOOK CONFIRMED: NET CURRENT CASH FLOW PER SHARE OF AT LEAST €2.45, IMPLYING 6.1% GROWTH.DEVELOPMENT PROJECTS WELL ON TRACK: 83% PRE-LET AT PRADO AND 87% AT HOOG CATHARIJNE.  Full Article

Deals of the day-Mergers and acquisitions

July 27 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: