Frasers Group takes 200,000 sq ft in Derby
The Derbion shopping centre in Derby has announced more than 200,000 sq ft of new deals, including the letting of the whole of the Debenhams department store.
Frasers Group has signed for the 127,000 sq ft unit which spans three floors, and will open as a Frasers.
Frasers Group has also confirmed that it will take the former Topshop unit, bringing luxury retailer FLANNELS to the 24,000 sq ft space. Frasers Group will also take a further 50,000 sq ft of retail space, which housed the former BHS department store in St Peter’s Street.
Adam Tamsett, general manager of Derbion, said: “The retail landscape is continuing to shift, and our ambitious plans for the centre complement the rapid changes that retailers are facing. By taking an agile, forward-thinking approach, the team has been able to secure 200,000 sq ft of new leasings this year, an incredible feat given the current climate.
“It’s particularly rewarding to be able to announce our exciting partnership with the Frasers Group, with their headquarters not far from us in Shirebrook, and we’re looking forward to welcoming their popular brands to Derbion.
“The significant investment planned for the centre further signals the complete confidence that we have in Derby. With many multi-million pound projects happening on our doorstep, £15 million secured as part of the Future High Street Fund and the recent announcement that Derby will be bidding to become the UK’s City of Culture in 2025, the future is very bright.”
John Forkin, managing director of Marketing Derby, added: “The team at the Derbion have really excelled themselves and it’s hard to underestimate how important this news is for the city. In the past 10 years £1.4bn has been invested into Derby city centre, with a further £576m in the pipeline.”
