Frasers Group has revealed its plans for the Overgate Shopping Centre in Dundee it acquired in March last year, as it continues to diversify its property base.
The group, which owns high street retailers like Sports Direct and Flannels, said it is set to open a new 70,000 sq ft Frasers concept store at the Overgate Shopping Centre in Dundee, which it bought in March last year.
The store is planned to open in spring next year and will be another multibrand anchor store with brands such as Sports Direct, USC, Evans Cycle and Game, and featuring a range of premium, lifestyle and sports brands across fashion, homewares and beauty.
The shopping centre has also signed new leases to strengthen its retail offering including Søstrene Grene and Castore, among others.
Since being bought by Frasers, the shopping centre has onboarded a range of brands including Rituals, Pandora, Lovisa, Bee Inspired and The Leith Collective. The centre has also undergone store refits, refurbishments and the renewal of over 15 leases from existing retailers.
Malcolm Angus, centre manager of Overgate Shopping Centre, said: “We have had a busy 18 months since Frasers Group invested in the Overgate Shopping Centre, to date bringing over 12 new exciting brands to the centre. Frasers Group has also renewed leases with the brands we know our customers love, with several so far reinvesting into updating their store aesthetic and product offering.
“The opening of the 70,000 sq ft Frasers store next year will be a transformational moment for Overgate, for the city, and for the wider region, regenerating this landmark space with an exceptional retail experience synonymous with Frasers Group. We are very much advancing the vision and commencement of works at pace.”
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