Paris, 2016-Sep-12 — /EPR Retail News/ — The sustainable development performances of Klépierre and Steen & Strom have once again attracted recognition from the three main sector indexes and rankings: the Global Real Estate Sustainability Benchmark (GRESB) 1 , RobecoSAM2 and EPRA3 .
Klépierre and Steen & Strom have once again been awarded the “Green Star” rating by the Global Real Estate Sustainability Benchmark (GRESB) and are ranked in the Top 10 out of 730 participants globally.
With a 91/100 score, Klépierre now ranks second among listed companies in the retail sector worldwide (out of 36 participants) and moves up four places for all industries to rank 10th globally. Among unlisted companies, Steen & Strom – Klépierre’s 56.1%-owned subsidiary – is now the world’s topranked company with a 92/100 score. Steen & Strom moved up 19 notches in the all-industries ranking to sixth place worldwide.
Klépierre also improved in RobeccoSAM’s DJSI indexes. With a score of 83/100, Klépierre is once again included in the World and Europe indexes.
Klépierre was notably considered by RobecoSAM to be the most efficient company in the world (out of 170 real estate companies), based on its environmental initiatives.
Lastly, Klépierre received an EPRA Sustainability “Gold Award” for the fifth year in a row. This award recognizes the company’s best-practices methodology and disclosure in terms of extra-financial reporting for the listed real estate sector.
Jean-Marc Jestin, Chief Operating Officer and Member of the Executive Board of Klépierre, declared: “These latest ratings recognize the efficiency of Klépierre’s Good Choices® strategy, initiated in 2013 and based on seeking continuous improvement in operational excellence in the management of our 22.6 billion euros shopping center portfolio spanning 16 European countries. These awards also attest to the effectiveness of the tangible measures implemented by Klépierre in recent years, as well as to the strong involvement of the top management team and all employees on a daily basis.”
A leading shopping center property company in Europe, Klépierre combines development, rental, property, and asset management skills. The company’s portfolio is valued at 22.6 billion euros at June 30, 2016 and comprises large shopping centers in 16 countries in Continental Europe. Klépierre holds a controlling (56.1%) stake in Steen & Strøm, Scandinavia’s number one shopping center owner and manager. Klépierre’s largest shareholders are Simon Property Group (20.3%), world leader in the shopping center industry, and APG (13.1%), a Netherlands-based pension fund firm. Klépierre is a French REIT (SIIC) listed on Euronext ParisTM and Euronext Amsterdam. Klépierre is included in the CAC 40, EPRA Euro Zone and GPR 250 indexes. It is also included in ethical indexes, such as DJSI World and Europe, Euronext Vigeo France 20 and World 120, and Euronext Low Carbon 100 Europe, and is ranked as a Green Star by GRESB (Global Real Estate Sustainability Benchmark). These distinctions underscore Klépierre’s commitment to a proactive sustainable development policy. For more information: www.klepierre.com
AGENDA: October 26, 2016 third quarter 2016 revenues (press release after market close)
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This press release is available on Klépierre’s website: www.klepierre.com