Frasers completed the acquisition of Braehead Shopping Centre and Braehead Glasgow from SGS Group for around £1.1m.

Frasers, a shopping and leisure complex, completed the acquisition of Braehead Shopping Centre, a sports goods retailer, and Braehead Glasgow, a shopping centre, from SGS Group, a shopping centre firm, for £220m. “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,” Michael Murray, Frasers Group CEO.