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FREY Advances Asset Rotation Strategy with €224 Million Disposals in 2024

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FREY Advances Asset Rotation Strategy with €224 Million Disposals in 2024

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An update from Frey SA ( (FR:FREY) ) is now available.

FREY has successfully implemented its asset rotation strategy in 2024 by disposing of €224 million in assets, aiming to concentrate on large open-air shopping centers and explore opportunities in the European outlet market. This includes a significant portfolio sale to Batipart Europe, allowing FREY to optimize its resource allocation and strengthen its third-party management service while maintaining a stake in the venture.

More about Frey SA

FREY is a real estate company focused on developing and managing open-air shopping centers and outlets across Europe. Known for its ecological retail parks and innovative shopping center concepts, FREY is committed to environmental and societal responsibility, aiming to enhance urban diversity and local economic resilience. The company is listed on Euronext Paris and leads significant urban renewal projects.

YTD Price Performance: 7.14%

Average Trading Volume: 250

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €934.2M

Learn more about FREY stock on TipRanks’ Stock Analysis page.

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