Klépierre announces sale of $63.6 million in assets

04/28/2010 | GlobeSt.com

Klépierre, the French shopping center REIT, has agreed to sell a Rouen retail complex and another property for $63.6 million as part of a plan to cut assets by $331 million to $530 million. The company also reported a 4.6% hike in rental income, which it attributed to new developments and recovering retail sales.

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