Frey SA (ENXTPA:FREY) acquired Finestrelles Shopping Centre from Equilis SA for €127.5 million on June 22, 2022. The purchase price will be subject to adjustment based on the actual performance of the asset and will be calculated in 2023 and 2024 at the seller's discretion. FREY will have a rental guarantee of an annual amount of €7.9 million for the period from closing to the time of the earn-out calculation. The acquisition was financed by Frey from the its own resources. Arcadis Sp Z O O and Pérez-Llorca acted as legal advisor to Frey. Grant Thornton JRP, S.L. acted as accountant to Frey.

Frey SA (ENXTPA:FREY) completed the acquisition of Finestrelles Shopping Centre from Equilis SA for €127.5 million on June 22, 2022.