FIRMAMENT PARTICIPATIONS société en commandite par actions

About FIRMAMENT PARTICIPATIONS société en commandite par actions

FIRMAMENT PARTICIPATIONS is the reference shareholder of FREY, a listed company specialized in responsible retail parks and open-air shopping destinations. Within the group’s governance structure, the vehicle is a key shareholder, while Antoine Frey is the main operating executive at FREY, serving as Chairman and Chief Executive Officer. FREY’s universal registration documents show that Firmament Participations plays a central role in the long-term control of the company and sits within a stable shareholder framework built around the Frey family and historical financial partners. Antoine Frey has developed FREY as a conviction-led real estate platform focused on next-generation retail, territorial attractiveness, and sustainable value creation. Under his leadership, the group has strengthened its positioning around open-air retail assets designed as vibrant destinations embedded in their local environment. FREY’s strategy combines real estate innovation, financial performance, and demanding environmental and social commitments. The company notably became the first French listed real estate company to adopt mission-driven company status, and later the first French listed company to achieve B Corp certification, both milestones that reflect the strategic direction driven by management. On the capital side, Firmament Participations remains a pillar of stability, with a significant stake in FREY and board representation through its appointees. The company’s public filings also indicate that the controlling vehicle is largely owned by Antoine Frey and his wife Aude Frey, with a minority stake held by Crédit Mutuel Equity. This setup reflects a long-term governance model, unusual in the sector, that supports strategic continuity, disciplined investment, and alignment among management, controlling shareholders, and financial partners. Over time, Antoine Frey has built recognized expertise in retail real estate, financing, asset development, and the stewardship of listed companies. His approach at FREY is marked by entrepreneurship, a long-horizon shareholder mindset, and the ability to combine growth with responsibility. Firmament Participations, as the controlling entity, embodies this continuity and stable governance in support of the group’s strategy.