Frasers Group buys Braehead Shopping Centre in Glasgow.
Frasers Group said on Thursday that it has bought the Braehead Shopping Centre in Glasgow, Scotland's largest retail and leisure destination.
Frasers Group
20 November 2025 16:45:25
Source: Sharecast
The shopping centre, which is over 1 million square feet, has annual footfall of more than 15m visitors. Fraser said the acquisition reinforces its commitment to investing in "high potential" retail destinations.
Chief executive Michael Murray said: "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."
No financial details were provided by Frasers, which owns House of Fraser, Flannels, Sports Direct and Evans Cycles, among others.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
