FREO Group S.A.
Real EstateLuxembourg, Luxembourg11-50 Employees
FREO Group S.A. is a European private markets and real estate manager with a pan-European presence. The firm focuses on institutional clients, including private equity houses, alternative asset managers, sovereign funds, and insurers, and has completed more than €3.1 billion in transactions since its founding, with an equity multiple of 2.3x and an IRR of 20% per year. Currently, FREO has invested €2.2 billion across ongoing projects, with teams across multiple European offices, leveraging an extensive network to source opportunities, many of which come from off-market channels. The company has diversified its offerings to include traditional real estate solutions in both project and fund formats, and operates a subsidiary, Avelios, that provides private market products outside real estate, notably in renewables. FREO is registered as an AIFM fund manager and maintains a footprint in Luxembourg, Germany, Switzerland, France, Spain, Italy, and the UK through its offices. A recent development includes acquisitions in Madrid, Spain, involving a collaboration with Urbanitae to acquire an office building from Princeton Real Estate Partners.