REG - Frasers Group PLC - Acquisition of Designer Outlets (York & East Mids)

FrasersAnnouncement

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RNS Number : 2856C  Frasers Group PLC  29 April 2026

Date: 29 April 2026

 

ACQUISITION OF DESIGNER OUTLETS IN YORK AND EAST MIDLANDS, UK

 

Frasers Group plc today announces the acquisition of two major UK retail
destinations, York Designer Outlet and East Midlands Designer Outlet,
reflecting progress against the Group's vision of creating a compelling brand
ecosystem and platform for growth.

 

With an annual footfall of almost 7.8 million visitors across the two outlets,
these acquisitions highlight Frasers Group's position as both a landlord and
retailer, supporting global brands' outlet strategies while delivering strong
value and brand choice to UK consumers.

 

●     York Designer Outlet (250,000 sq. ft), located just outside York
city centre, is home to 120 leading UK and international brands and welcomes
4.3 million visitors annually.

●     East Midlands Designer Outlet (170,000 sq. ft), positioned near
the M1 motorway, offers over 65 designer brands and has a footfall of 3.5
million visitors annually.

 

These acquisitions demonstrate Frasers Group's continued commitment to the
outlet sector, enhancing the Group's property portfolio mix as it delivers
against its Elevation Strategy.

 

Michael Murray, Chief Executive Officer at Frasers Group, said: "These
strategic acquisitions reinforce our vision, leveraging strong partnerships
with leading global brands to unlock mutual value - supporting their outlet
strategies while driving growth. Today, we own over one-fifth of the UK outlet
market and have a clear ambition to grow our share further."

 

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

 

 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)
 Kathleen Glover, Head of PR                   T. 07878 771800

                                               E. fgpr@frasers.group (mailto:fgpr@frasers.group)
 Emma Reid, Company Secretary                  T. 0344 245 9200

 LEI: 213800JEGHHEAXIJDX34                     E. company.secretary@frasers.group (mailto:company.secretary@frasers.group)

 

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