Frasers buys Luton shopping centre for GBP 58 million as it commits to physical retail
What: Frasers Group has completed the acquisition of Luton’s The Mall Shopping Centre which spans 900,000 sq. feet and houses over 150 retailers.
Why it is important: The move further demonstrates the retail group’s commitment and ongoing investment in physical retail.
The shopping centre was put up for sale by Capital & Regional last year and is a key retail destination in Luton.
The acquisition will provide attractive opportunities for the Group to introduce new elevated store concepts and displays their confidence in the future of the UK high street.
Frasers buys Luton shopping centre for GBP 58 million as it commits to physical retail
Related posts
When the AI wave crashes: What history, behaviour and markets tell us
When the AI wave crashes: What history, behaviour and markets tell us
Heading 1
Heading 2
Heading 3
Heading 4
Heading 5
Heading 6
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
Block quote
Ordered list
- Item 1
- Item 2
- Item 3
Unordered list
- Item A
- Item B
- Item C
Bold text
Emphasis
Superscript
Subscript
Nordstrom’s Manhattan flagship has transformed holiday shopping into a playful experience
Nordstrom’s Manhattan flagship has transformed holiday shopping into a playful experience
Heading 1
Heading 2
Heading 3
Heading 4
Heading 5
Heading 6
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
Block quote
Ordered list
- Item 1
- Item 2
- Item 3
Unordered list
- Item A
- Item B
- Item C
Bold text
Emphasis
Superscript
Subscript