Brief: Frey Signs Partnership With BNP Paribas Reim On Its Open-Air Shopping Centre In Portugal

Frey SA

06/11/2019 17:20

Nov 6 (Reuters) - Frey SA  FREY.PA :
    * SIGNS A PARTNERSHIP WITH BNP PARIBAS REIM ON ITS OPEN-AIR
SHOPPING CENTRE LOCATED IN PORTUGAL
    * THIS TRANSACTION WILL BE CARRIED OUT ON THE SAME PRICE
RETAINED
IN JULY FOR THE ACQUISITION OF 100% OF THE ASSET BY FREY
    * ASSET WILL REMAIN CONSOLIDATED IN FREY'S FINANCIAL
STATEMENTS
    * THE OPCI WILL ACQUIRE A 30% STAKE IN THE CAPITAL OF THE
COMPANY
HOLDING THE SHOPPING COMPLEX, CURRENTLY 100% OWNED BY FREY

Source text : https://bit.ly/2PTn0CA
Further company coverage:  FREY.PA 

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