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    Leasing

    Frasers signs up for Derby retail destination

    Iain HoeyBy Iain HoeyAugust 31, 20212 Mins Read
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    Derby city centre’s retail and leisure destination, Derbion, has announced more than 200,000 sq ft of new lettings.

    New retailers include Frasers, Mango and Tommy Hilfiger, with several existing names also significantly upsizing their footprint.

    The announcement follows the launch of Derbion in March this year, and comes as the first phase of a multi-million-pound evolution of the 1.3 million sq ft scheme, with a focus on strengthening its breadth of offer across retail, F&B and leisure. 

    Frasers Group plc has signed for the 127,000 sq ft unit previously occupied by Debenhams. The unit, which spans three floors, will open as a Frasers.  

    Separately, Frasers Group has confirmed that it will take the former Topshop unit, bringing luxury retailer Flannels to the 24,000 sq ft space.

    Completing the deal, Frasers Group has confirmed it will also take a further 50,000 sq ft of retail space, which housed the former BHS department store in St Peter’s Street.

    In addition Tommy Hilfiger opened the doors on a new 3,500 sq ft store in June, and Mango has commenced fit out on a 5,000 sq ft unit, following the recent arrivals of Hugo Boss, Hobbs and Whistles at Derbion.

    Michael Boundy, senior asset manager for Derbion, comments: “We’re hugely excited to announce our partnership with Frasers Group and to welcome such a strong portfolio of popular brands to Derbion.

    “Our ambitious plans for the centre complement the rapid changes facing the retail sector, and this is a real-time example of what can be achieved when owners and operating partners mutually commit to a vision. 

    “Derby has a large population of highly skilled workers and the surrounding catchment area is incredibly affluent. All four new brands will continue to elevate the Derbion offer, enabling us to cater for this audience and ensuring that the centre is the destination of choice in the East Midlands.”

    Previous ArticleHamley’s upsizes at Liverpool One
    Next Article LCP acquires Aviemore retail portfolio
    Iain Hoey

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