PropertyEU

Klépierre set to double cash pile by year-end

By A staff reporter 2012-12-10T00:00:00

French REIT Klépierre will see its liquidity more than double to EUR 2 bn by end-2012 thanks to a string of disposals and successful bond issues in the past 12 months, CEO Laurent Morel told PropertyEU. ‘We are well on schedule...we do not need to do any significant refinancing ...

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