Ashley Boosts His Real Estate Empire With Harvey Nichols
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Retail billionaire Mike Ashley's purchase of department store Harvey Nichols, situated in London's exclusive Knightsbridge district, has given his company one of the best located stores in the UK. A Bloomberg analysis of property records shows that Frasers Group now owns around 8 million square feet of retail park and shopping center space, part of what the company's CEO Michael Murray said is a 16 million-square-foot portfolio worth £2 billion ($2.7 billion). Bloomberg's Maddie Parker has more.
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