Frasers Group has acquired the Princesshay Shopping Centre in Exeter, Fremlin Walk Shopping Centre in Maidstone, and the Olympus Centre in Quedgeley. At 600,000 sq.ft., 350,000 sq.ft., and 65,000 sq.ft. respectively the centres have combined annual footfall of c.17 million visitors.
Michael Murray, CEO, Frasers Group said: “The acquisition of Princesshay, Fremlin Walk and the Olympus Centre reinforces our commitment to investing in physical retail. Securing properties whch serve as the primary retail destination for the community remains a top priority for us.
“Such acquisitions unlock new growth opportunities for our retail concepts while revitalising high streets and physical shopping locations up and down the country.”
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