And, a but more under the radar, has also been making retail property investments
Mike Ashley's Frasers Group snaps up Luton mall in £58m deal Frasers Group snaps up The Mall in Luton in a £58m deal (and another in Dundee. Luton is not an especially wealthy town–dominated by a former GM car plant and London’s 3/4 largest airport, almostly exclusively served by LCC’s like Easyjet, Wizz, Ryanair)
https://www.cityam.com/frasers-eyes-leeds-shopping-centre-in-latest-retail-property-buying-spree/ (Potentially buying an secondary site shopping mall asset from the somewhat distressed LandSec property company).