Acquisition of Braehead Shopping Centre

Summary by AI BETAClose X

Frasers Group plc has announced the acquisition of Braehead Shopping Centre, Scotland's largest retail and leisure destination, which boasts over 15 million annual visitors and spans more than 1 million square feet. This strategic acquisition, described as a key step in accelerating the company's Elevation Strategy, adds a significant property to Frasers Group's portfolio, reinforcing its commitment to investing in high-potential retail locations and its position as a champion of physical retail.

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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

Andrew Kasoulis, Investor Relations Director

T. 07826 532191

E. Andrew.Kasoulis@frasers.group

Katie Glover, Head of PR

T. 078 7877 1800

E. fgpr@frasers.group

 

 

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