Klépierre is a French real estate

Real estate

In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...

 investment company.

It was founded in 1990 and specializes in commercial real estate. It develops, owns and manages shopping centres in France, Spain and Italy, as well as several other European countries.

The company is controlled with a 50.5% stake by BNP Paribas

BNP Paribas

BNP Paribas S.A. is a global banking group, headquartered in Paris, with its second global headquarters in London. In October 2010 BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger...

 and is a member of the CAC Next 20

CAC Next 20

The CAC Next 20 is an index of security prices used with the Euronext Paris. It gathers the 20 companies whose market capitalizations are ranked after those of the 40 companies who compose the CAC 40. These 20 are possible candidates to replace the members of the CAC 40 index. The CAC Next 20 was...

index of French companies.