// Frasers Group purchases Robin Retail Park in Wigan
// The group completed the transaction in only 9 working days from instructing lawyers
// Frasers Group said this demonstrates the pace that it will transact major acquisitions
Frasers Group has acquired the Robin Retail Park in Wigan as it commits to “investing and elevating bricks-and-mortar retail”.
The retail group, which owns Sports Direct and House of Fraser, completed the transaction in only nine working days from instructing lawyers.
Frasers Group said this demonstrates the pace that it will transact major acquisitions.
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Frasers Group said it sees opportunities for buying retail assets and driving occupational demand from their retail concepts to elevate the schemes.
The group has requirements for all asset classes and sees this as a “stepping stone” to more property acquisitions throughout 2021 within the UK and Ireland.
“We plan to transform this retail park into a modern, aspirational shopping destination for the local area,” Frasers Group head of elevation Michael Murray said.
“We are excited to bring our new elevated retail concepts to Wigan and breathe new life into the area.”