Klepierre reports strong growth in 2007

French property group Klepierre has announced better-than-expected results for 2007 in spite of the current financial environment. Figures that came in above target included a 15% increase in lease income, a rise in net current cash flow per share of 15.6% and re-valued net assets reaching EUR 41.1 per share, an increase of 26.6%. As a result the dividend proposed at the next shareholder’s meeting will be 17.2% higher than the previous year.

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