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.