Klepierre released nice 3% organic growth in Q1 (rents). However, we focus on tenants’ sales growing by only 0.3%, well under the 0.9% FY 18 growth and the 2.5% CAGR applied by valuers to Klepierre’s mid-term rents.
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Klepierre released nice 3% organic growth in Q1 (rents). However, we focus on tenants’ sales growing by only 0.3%, well under the 0.9% FY 18 growth and the 2.5% CAGR applied by valuers to Klepierre’s mid-term rents.
