×
4 683
Fashion Jobs
HARVEY NICHOLS
Brand Consultant - Moncler
Permanent · EDINBURGH
BOOHOO GROUP
Procurement Manager (Marketing)
Permanent · MANCHESTER
SUPERDRY
Retail Marketing Executive
Permanent · CHELTENHAM
ABERCROMBIE AND FITCH CO.
Wholesale, Associate Account Executive, Emea
Permanent · London
COTY
Commercial Trade Marketing Manager Beauty
Permanent · London
L'OREAL GROUP
Product Manager - Viktor & Rolf
Permanent · London
L'OREAL GROUP
Prada Business Manager, 1.0, Harrods London
Permanent · London
L'OREAL GROUP
Senior Advocacy Manager - IT Cosmetics - Ftc (Maternity Cover)
Permanent · London
L'OREAL GROUP
Brand Engagement Manager - Ysl - Luxe (Maternity Cover)
Permanent · London
SELFRIDGES
Fragrance Consultant - 37.5 Hours (Trafford)
Permanent · MANCHESTER
VF INTERNATIONAL
Warehouse Team Leader
Permanent · COALVILLE
VANS
Account Coordinator - French Speaking - Vans - Fixed Term
Permanent · NOTTINGHAM
VF INTERNATIONAL
Warehouse Inventory Manager
Permanent · COALVILLE
AESOP
Retail Consultant | Aesop Borough, London | Full Time
Permanent · London
HOMESENSE
Homesense Bolton Middlebrook Loss Prevention Security Officer Part Time 20 Hours
Permanent · Bolton
TK MAXX
Loss Prevention Officer-Full Time-Secondment-tk Maxx Brighton
Permanent · Brighton and Hove
TK MAXX
Loss Prevention Officer-Full Time-tk Maxx Portsmouth Ocean
Permanent · Portsmouth
TK MAXX
Loss Prevention Officer- tk Maxx Greenwich- Full Time
Permanent · London
TK MAXX
Full-Time Loss Prevention Officer-Waltham Abbey
Permanent · London
TK MAXX
Part-Time Loss Prevention Officer-Enfield
Permanent · Enfield
TK MAXX
Loss Prevention Advisor-Full Time-tk Maxx Worthing
Permanent · Worthing
ON RUNNING
Regional Sales Representative
Permanent · LONDON
Ads
Published
Feb 21, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Frasers Group to sell UK retail park assets - report

Published
Feb 21, 2022

Frasers Group is looking to offload its out-of-town retail property portfolio that could be worth a total of £320 million.


Sports Direct


The retail group, whose core portfolio includes Sports Direct, Flannels and Debenhams, has also accumulated retail parks and shopping parades over the past several years and is looking to offload 16 of these assets, reported The Sunday Times. 

Among them are in Wigan, purchased just a year ago, and Berryden Retail Park in Aberdeen, bought 18 months ago. Other retail parks up for sale include those in Thurrock and Cheshunt, on the outskirts of the M25, and Cheetham Hill, near Manchester.

Reports suggest Frasers Group is seeking to cash in on renewed investor demand for retail parks that have fared better than high streets and shopping centres during the pandemic. Retailers are also using the larger store formats offered on retail parks as distribution centres and click-and-collect hubs.

Last year, Frasers said the retail park acquisitions were a “stepping stone” to more property acquisitions throughout 2021 and beyond within the UK and Ireland. It planned to transform its parks "into a modern, aspirational shopping destinations”.

However, the latest move shows a turnaround in its thinking. Frasers has yet to comment on the exit of its out-of-town retail property portfolio and what the funds will be used for.

The group has been busy spending heavily on remodelling and updating some of its flagship city centre Sports Direct and adding physical stores to its higher-end Flannels banner, which now has over 55 across the UK.

Copyright © 2023 FashionNetwork.com All rights reserved.