Key Takeaways
- • Klépierre promotes Cyrille Deslandes, group head of mergers and acquisitions, to Chief Investment Officer (CIO) effective December 31, 2017, signaling strategic focus on investment management within the French shopping center REIT.
- • Deslandes brings 15 years of transaction and valuation expertise, including three years at Klépierre leading M&A activities, previously serving as M&A director at HSBC Investment Banking (2007–2014) and manager at Deloitte (2002–2007).
- • The appointment reflects Klépierre's continued emphasis on portfolio optimization and capital deployment strategy for its European shopping center platform across multiple geographies.
Summary
Deslandes joined Klépierre in 2014 as head of M&A, where he spent three years managing the company's acquisition and disposal activities. His career trajectory demonstrates deep expertise in real estate transactions and valuation. He began his professional career at Deloitte in 2002, where he rose to manager level specializing in due diligence and valuation work across France and the United States. From 2007 to 2014, he held the position of M&A director at HSBC Investment Banking, where he founded and led the M&A real estate team beginning in 2009.
Deslandes is a graduate of EM Lyon Business School and holds a degree from Ludwig Maximilian Universität, providing academic foundation in business administration and strategic management relevant to his investment and transaction roles.
The CIO appointment underscores Klépierre's strategic priority in strengthening its internal capital allocation and investment decision-making capabilities as a major European retail property operator. The transition places a proven dealmaker and valuation specialist at the helm of investment strategy during a period when European retail real estate faces evolving market dynamics.
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