FREY continues its Iberian expansion with the acquisition in Cartagena of one of the largest Spanish retail parks – 07/06/2022 at 17:01


Following the acquisition of Finestrelles in Barcelona, ​​FREY announces that it has acquired the Parque Mediterráneo retail park from private investors, for a total amount of 83 million euros.

On the occasion of this new acquisition, Antoine Frey, Chairman and CEO of FREY, declared: “We are very happy to have a new Spanish asset in FREY’s portfolio. Parque Mediterráneo is a retail park that has solid fundamentals with a very strong potential for conversion to the standards of our Shopping Promenade®. This acquisition consolidates our presence in the Iberian Peninsula with today 4 assets owned and a project under development. It also marks the acceleration of our expansion strategy to support our ambition to become the European leader in sustainable trade. »



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