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Frasers Group plc announced on 20 November 2025, the acquisition of Braehead Shopping Centre in Glasgow, Scotland, described as Scotland's largest retail and leisure destination. The acquired centre totals over 1 million square feet, records an annual footfall of over 15 million visitors, and Frasers Group was advised by James Keany of CBRE on the transaction.
| Date | 20 Nov 2025 |
| Time | 16:30:22 |
| Category | Acquisitions and alliances |
| ID | 4255I |
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.
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FRASERS GROUP PLC |
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Chris Wootton, Chief Financial Officer |
T. 0344 245 9200 |
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Andrew Kasoulis, Investor Relations Director |
T. 07826 532191 |
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Katie Glover, Head of PR |
T. 078 7877 1800 |