Jul 27th, 2016

Tenants' Security Top Priority for Klepierre, Says Morel

French property company Klepierre SA has announced it's targeting net current cash flow per share of at least 2.25 euros for 2016, above the 2.23-2.25 euros per share range guidance announced in February 2016. Revenues, total share, amounted to 647.7 million euros, down 6.7 million euros year-over-year due to the significant asset rotation completed last year. Klepierre CEO Laurent Morel discusses the business and the impacts terrorism and the Brexit vote has had on business with Bloomberg's Anna Edwards and Manus Cranny on "Countdown." (Source: Bloomberg)