French mall operators: Lockdown easing boosts shares
26/05/2020 09:00
** Shares in France's mall operators Klepierre LOIM.PA ,
Mercialys MERY.PA and Unibail-Rodamco-Westfield URW.AS rise
7-9% as the majority of shopping centres are now operational
after recent easing of lockdown measures
** The shopping centres in France have been back in business
since May 11, with other European countries to follow suit in
the nearest future
** Klepierre said it had now re-opened 80% of its European
centres, with a view of bumping the rate of up to 90% within 10
days, as measures in Portugal and Spain are to be eased in June
urn:newsml:reuters.com:*:nFWN2D707Y
** Mercialys reported all of its centres had been open since
May 11 urn:newsml:reuters.com:*:nFWN2D602N
** "The reopenings are positive developments," Jefferies
says
((piotr.lipinski@tr.com))