Frasers Group has purchased Robin Retail Park in Wigan.
The company said in a release that the acquisition “further demonstrates the group’s commitment to investing and elevating bricks and mortar retail”, according to a report from Drapers.
The release continued: “Frasers Group sees opportunities for buying retail assets and driving occupational demand from their retail concepts to elevate the schemes. Frasers 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.”
Michael Murray, head of elevation at Frasers Group, said: “We plan to transform this retail park into a modern, aspirational shopping destination for the local area.
“We are excited to bring our new elevated retail concepts to Wigan and breathe new life into the area.”