06/22/2022 Retail

FREY consolidates its position in Iberia with the acquisition of the Finestrelles open-air shopping centre in Barcelona

FREY announces that it has acquired from Equilis all the shares in the company that owns the open-air Finestrelles Shopping Centre in Spain, for a total amount of €127.5 million.

Antoine Frey, Chairman and Chief Executive Officer of FREY, said: “This new acquisition strengthens our presence in Iberia. FREY is consequently continuing its strategy of expansion, with the ambition to become the European leader for sustainable retail. Finestrelles Shopping Centre is a high-quality asset. It contains all the fundamentals that we appreciate at FREY and will enable the Group to deploy all its management and animation expertise. We are very pleased to integrate it in the REIT’s property portfolio.”

 

Read the press release

 

Other news

02/28/2024

Annual results 2023 : FREY achieves another record year

Company life

01/11/2024

FREY and Banque des Territoires sign a new partnership for project of the Docks de St-Ouen

Retail

12/15/2023

FREY announces the success of its rights issue for an amount of approximately €97.1 million

Retail