FREY FINALIZES THE ACQUISITION OF ITS FIRST OUTLET FOR €230 Finalizes: THE DESIGNER OUTLET BERLIN
As part of its pan-European growth strategy, FREY has taken a major new step with the acquisition of the Designer Outlet Berlin for €230 million. The only outlet village in the Berlin-Brandenburg region, this flagship site further consolidates FREY’s position as a leading player in open-air retail destinations across Europe.
Now fully owned by FREY and operated by its dedicated subsidiary ROS Retail Outlet Shopping, Designer Outlet Berlin demonstrates strong fundamentals: 2.7 million annual visitors, 100 international brands, and a 98% occupancy rate.
Antoine Frey, Chairman and CEO of FREY, commented:
“Designer Outlet Berlin is a premium asset that aligns perfectly with our values and ambitions. This first investment in Germany is a key milestone in FREY’s European expansion strategy, and it exemplifies our commitment to delivering open-air, sustainable, and experience-driven retail that creates long-term value for brands, communities, and consumers alike.”
