Klépierre to offload EUR 1b of assets by end-2013

French listed retail group Klépierre plans to sell EUR 1 bn of assets by end-2013 in a bid to finance its development programme and strengthen its financial position. 'The stepping-up of our disposal programme will allow Klépierre to improve its financial profile and to contribute to the financing of our development pipeline,' CEO Laurent Morel said.

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