24 June 2015

Klépierre divests a EUR 770 million shopping centre portfolio in the Netherlands

De Brauw, as lead counsel, has assisted Klépierre in divesting a EUR 770 million portfolio of nine shopping centres located in the Netherlands to Wereldhave. The portfolio includes convenience and district shopping centres mostly located in cities outside the Randstad.

Klépierre is a leading European shopping centre property company that combines development, rental, property, and asset management skills. Its portfolio was valued at EUR 21 billion on 31 December 2014.

In 2014, De Brauw as Dutch counsel, along with Bredin Prat as French counsel, also advised Klépierre in the merger with Corio.

Lead partners
Reinier Kleipool and Annemieke Wessels