News from FREO

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FREO launches its OPPCI and completes its second real estate investment in France

05/08/2016

FREO Group, in partnership with a US investment fund, has completed an acquisition with an OPPCI created and managed by FREO Immo, a management company authorized by the French regulatory authority, the AMF.   The OPPCI has bought an office building of about 3,500 sqm on rue Vernier in the 17th district of Paris from a French private group. This acquisition was structured and executed by FREO on behalf of the OPPCI. All asset management initiatives for this project, including capex for major renovation, will be managed by FREO Immo.

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FREO Group completes its first acquisition in France

22/07/2016

FREO Group has just completed the acquisition of Pablo Picasso, an office building of over 35,000 sqm close to La Défense, the business district of Paris.   This first acquisition in Paris by FREO, structured by FREO and in partnership with a British investment fund, confirms the strategy of FREO with respect to the French real estate market. The seller is a European institutional investor. Furthermore, FREO, as asset manager, will support the implementation of a capital expenditure program and renovation of the building.

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East Side Mall – Construction on Schedule

11/03/2016

Ground works commenced this week at the East Side Mall site in line with the Mall’s anticipated opening in 2018. Siegfried Tenner, FREO’s responsible project director said: “We are excited to have commenced initial works at this landmark development and are looking forward to creating a world class retail destination for Berlin”.

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East Side Mall, Berlin

30/09/2015

In the heart of Berlin and in one of the city’s most important district developments, the architecturally unique “East Side Mall” is being created. In Berlin’s centrally located district Friedrichshain, not far from the tourist attraction East Side Gallery, along the north bank of the Spree, a spectacular district development is picking up full speed.

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The Mall of Switzerland – Construction on Schedule

15/09/2015

When opening its doors in autumn of 2017, the Mall of Switzerland, located in central Switzerland just north of tourist hub Lucerne and with excellent access to transport connections, will offer a unique mix: shopping experiences enriched by a variety of fun leisure opportunities.

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