Overgate Dundee reaches 90% occupancy following 88,000 sq ft of new lettings in 2025
The Overgate shopping centre in Dundee is now 90% occupied after the scheme welcomed 88,063 sq ft of new lettings in 2025.
The scheme – which was acquired by Frasers Group in March 2023 – completed 10 new lettings in 2025, as well as five store renewals totalling 12,634 sq ft. Overgate also completed three major store refreshes.
Over the course of the year, the scheme welcomed the likes of FRASERS, FLANNELS, Clarks, Mango, Clintons, Nomination, Menkind, Bee Inspired, and Oud Studio.
Lease renewals at Overgate included Ernest & Jones, Flying Tiger, and Fuel, whilst Superdrug, Next, and Primark invested into their existing stores through extensions and refurbishments.
Matt Elgey, director at Sovereign Centros from CBRE, said: “We are pleased to be entering 2026 on a positive note for Overgate. Ten new store openings, including FRASERS, occupying an impressive combined total of 88,063 sq. ft have been delivered in 2025. A further five lease renewals totalling 12,634 sq. ft, as well as three key store refreshes, concluded the year on a position of strength for the centre.
“Since the acquisition of Overgate by Frasers Group in 2023 the momentum underpinning these improvements has been conducted at pace. Sovereign Centros from CBRE is proud to be delivering on the ambitious and exciting vision Frasers Group has set out for such an important Scottish asset as Overgate. These positive end of year results demonstrate the hard work Sovereign Centros has deployed in unlocking opportunities for Frasers Group across what was a very busy 12 months. Our focused commitment in securing new quality lease signings, as well as delivering a tranche of lease renewals, ensures Overgate is ready to embrace 2026 with a greatly expanded retailer offering and a stronger competitive advantage.”