Frasers Group mulls bid for Manchester Arndale centre
Frasers Group is weighing up a bid to take a 50% stake in Manchester’s iconic Arndale centre shopping centre, Retail Week understands.
The fashion giant, whose businesses include department stores, Sports Direct and luxury brand Flannels, is now in prime position to snap up a stake in the shopping centre, after institutional landlord Landsec baulked at the reported £235m fee.
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