Fraser Group to make shopping centre investments
News
|
Feb 2023
|
Fashion Network
What: Reports suggest that Frasers is preparing to buy two urban shopping centres valued at GBP 100 million.
Why it is important: Frasers has purchased several retail parks in last several years as part of its elevation strategy and seen success.
Frasers Group is reportedly purchasing The Mall in Luton and Dundee’s Overgate centre.
In 2021, the group purchased Robin Retail Park and last year, they purchased Belfast’s Boucher Shopping Park adding to its interest in around 16 retail parks and shopping parades.
The group stated that retail park purchases are part of its wider elevation strategy and commitment to elevating bricks and mortar retail.
