British billionaire Mike Ashley, the founder of Sports Direct, has reportedly offered nearly £50 million (€58.4m) for Junction 32, according to The Times. Junction 32 is an outlet shopping village on the outskirts of the U.K. city of Leeds, in Yorkshire. The shopping destination, which features a retail space of over 23,000 square meters, is home to nearly 100 stores, including Nike, Adidas, and Sports Direct itself, among others. Junction 32 is currently owned by Land Securities, which bought it in 2017 from Hermes Investment Management.

Topics