Frasers Group has expanded its UK outlet portfolio with the acquisition of York Designer Outlet and East Midlands Designer Outlet, strengthening its position as both landlord and retailer.
Frasers Group plc has acquired York Designer Outlet and East Midlands Designer Outlet, adding two major UK retail destinations to its property portfolio.
The acquisitions, announced on 29 April 2026, reflect Frasers Group’s stated strategy of creating a broader brand ecosystem and platform for growth. Together, the two outlet destinations attract annual footfall of almost 7.8 million visitors.
York Designer Outlet spans 250,000 sq ft and is located just outside York city centre. The destination is home to 120 UK and international brands and welcomes 4.3 million visitors annually.
East Midlands Designer Outlet covers 170,000 sq ft and is positioned near the M1 motorway. It offers more than 65 designer brands and records annual footfall of 3.5 million visitors.
Frasers Group said the acquisitions underline its position as both a landlord and retailer, supporting global brands’ outlet strategies while offering value and brand choice to UK consumers.
“These strategic acquisitions reinforce our vision, leveraging strong partnerships with leading global brands to unlock mutual value – supporting their outlet strategies while driving growth. Today, we own over one-fifth of the UK outlet market and have a clear ambition to grow our share further.”
Michael Murray, Chief Executive Officer, Frasers Group
The Group said the acquisitions demonstrate its continued commitment to the outlet sector and enhance the mix of its property portfolio as it delivers against its Elevation Strategy.
Frasers Group was advised on the acquisitions by James Keany, Executive Director, Head of National Agency at CBRE.
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