REG - Frasers Group PLC - Acquisition of Braehead Shopping Centre

FrasersAnnouncement

20/11/2025 16:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251120:nRST4255Ia&default-theme=true

RNS Number : 4255I  Frasers Group PLC  20 November 2025

Date: 20 November, 2025

 

Acquisition of Braehead Shopping Centre

 

Today, Frasers Group plc ("Frasers Group" or the "Company") announces the
acquisition of Braehead Shopping Centre in Glasgow, Scotland's largest retail
and leisure destination.

 

With an annual footfall of over 15 million visitors and totalling over 1
million square feet, this acquisition reinforces Frasers Group's commitment to
investing in high-potential retail destinations. Property acquisitions such as
this one play a key role in Frasers Group's Elevation Strategy, adding
Braehead - which serves the UK's largest retail spend catchment outside of
London - to a strong and growing property portfolio across the UK.

 

Michael Murray, CEO of Frasers Group, comments: "This acquisition is an
important step in delivering our property ambitions and accelerating the
Elevation Strategy. It cements the Group's position as a leading operator and
champion of physical retail destinations while unlocking greater opportunities
to serve communities with the best brands, environments and experiences
possible."

 

Frasers Group was advised by James Keany, Executive Director, Head of National
Agency at CBRE on this acquisition.

 

 FRASERS GROUP PLC
 Chris Wootton, Chief Financial Officer        T. 0344 245 9200

                                               E. financial@frasers.group (mailto:financial@frasers.group)
 Andrew Kasoulis, Investor Relations Director  T. 07826 532191

                                               E. Andrew.Kasoulis@frasers.group (mailto:Andrew.Kasoulis@frasers.group)
 Katie Glover, Head of PR                      T. 078 7877 1800

                                               E. fgpr@frasers.group (mailto:fgpr@frasers.group)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACQBLBDBLBDDGUG



            Copyright 2019 Regulatory News Service, all rights reserved