Mike Ashley’s Frasers Group is reportedly closing in on two shopping centre deals as the retail behemoth looks to grow its physical estate.
Frasers, which is majority owned by the fashion tycoon, is understood to be “frontrunner” for a 50 per cent stake in Exeter’s Princesshay estate from Nuveen, The Times reported on Tuesday.
Nuveen put its stake in the shopping centre up for sale last year for a reported asking price…
