1 Fox Valley Way Stocksbridge, S36 2AA
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5 September 2024
Frasers Group has opened a new flagship store at Meadowhall shopping centre in Sheffield. The new FRASERS store spans 100,000 sq ft across two floors, and features products from brands including Sports Direct, Sofa.com, USC, Evans Cycles, and GAME. The group said the new opening demonstrates its commitment to physical retail and investment into regional communities. FRASERS has opened in The Avenue, a part of the scheme formerly known as Park Lane which is currently undergoing refurbishment.
4 September 2024
Regeneration company Urban Splash has appointed agents to support the marketing of the former Cole Brothers building in Sheffield. Smith Young and Stärka have been appointed to handle the retail and leisure briefs respectively, with both firms working alongside Sheffield-based commercial advisor Colloco. Urban Splash is currently working on proposals to transform the former department store into a mixed-use space.
1 May 2024
The investment arm of Norges, the central bank of Norway, has acquired British Land's 50% stake in the Meadowhall shopping centre in Sheffield for £360m. The deal means Norges Bank Investment Management controls 100% of the scheme, and follows the sale of some ancillary land by its joint venture with British Land for £7m earlier this year. Combined, the two transaction value Meadowhall at £734m, 3% above September 2023's book value.