Klepierre could be hit by Carrefour property move

By A staff reporter 2007-04-05T00:00:00

French property company Klepierre could be badly affected if Carrefour moves to sell off its estimated EUR 20 bn property holdings, said analyst Boudewijn Schoon at Dutch merchant bank Kempen & Co. The analyst noted that Klepierre’s recent share price losses were more than likely due to the uncertainty surrounding ...