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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Klepierre SA (PK) | USOTC:KLPEF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 29.695 | 29.01 | 31.19 | 17 | 21:03:21 |
From Feb 2020 to Feb 2025
By David Pearson
PARIS--French retailer Carrefour SA on Wednesday said it completed the creation of Carmila, the real-estate vehicle whose role will be to enhance the value of the shopping centers next to Carrefour hypermarkets.
Carmila owns a portfolio of 171 shopping malls valued at EUR2.7 billion. These include 126 that Carrefour has bought from French real-estate firm Klépierre for a market value of EUR2 billion, and another 45 that are being transferred from Carrefour's ownership with a market value of EUR700 million.
Carrefour will own 42% of Carmila, alongside a variety of international investors.
Write to David Pearson at david.pearson@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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