First Frasers in Ireland to open in Mahon Point

In a major boost for retail in Cork, Mahon Point Shopping Centre unveiled a major new tenant recently who will fill the large former Debenhams site. A number of jobs will be created as a result.

Leading sporting goods retailer, lifestyle experts and multi-brand luxury Frasers Group plc is set to open two brand-new stores in Ireland. The stores will be the first for the group in Ireland, and will be opening at Mahon Point Shopping Centre and Whitewater Shopping Centre in Kildare. Both centres are owned by German fund Deka.

The openings will take a phased opening approach, starting with Sports Direct set to open later this year, and luxury lifestyle outlet Frasers, set to open in early 2022. The stores occupy approximately 150,000 sq. ft. combined and will open in units previously occupied by Debenhams.

The Frasers will boast a huge range of beauty, fashion, premium and contemporary accessories and designer childrenswear. Focusing on experience, brands and service, Frasers promise to bring a world-class beauty hall alongside an impressive ready-to-wear offering that will include a comprehensive mix of hundreds of brands.

A Sports Direct will also operate within both new stores. Opening later this year, each store will boast load of including sections dedicated to disciplines such as running, football and outdoors.

James France, Head of Global Leasehold Property at Frasers Group said: “These new sites mark as a pivotal moment for the group as we continue to demonstrate our commitment to bricks-and-mortar and prove our investment into major retail destinations and the retail market in Ireland.

“Frasers Group is dedicated to bringing an unrivalled shopping experience to customers and, importantly, will bring a significant number of jobs with both openings.”

The deal was brokered by Peter O’Meara and Kevin Sweeney from Savills, acting for Deka, with Karl Stewart of Cushman and Wakefield acting for the tenant.

Peter O’Meara, Retail Director at Savills Ireland commented: “These deals are a huge boost to the Irish retail market. They demonstrate that despite a challenging retail market, centres which dominate their trade area will continue to attract the best retailers.”

He added: “The positive impact on both shopping centres will be significant, as Frasers will bring a widened product offering – in a new modern fit-out – which will boost footfall to the benefit of all retailers in situ.”