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How much is Trafford center worth?

Writer Joseph Russell

The Trafford Centre is valued at £1.7 billion by its owners, Capital Shopping Centres, and has an annual income of £85.3 million, a £400 headline rent and has an ABC1 visitor percentage of 71%.

Who is Trafford Centre owned by?

CPP Investment Board
The Trafford Centre/Owners

How old is the Trafford Centre?

23c. 1998
The Trafford Centre/Age

How much is INTU worth?

The Trafford Centre was Intu’s most valuable asset at £1.66 billion in 2019….Properties.

Nameintu Trafford Centre
Market value (in Pound sterling)£1,669.5m (£1.67 billion)
LocationTrafford, Greater Manchester
OwnershipIntu 100%

Is Trafford Centre shutting down?

The Trafford Centre has confirmed it is no longer part of the Intu brand and is under new management. It comes after Intu fell into administration in June, leaving the future of the Trafford Centre hanging in the balance. Intu operated the Trafford Centre for close to eight years.

What’s the biggest shopping centre in UK?

Intu
As of 2018, the British real estate investment trust Intu boasts the largest shopping centers in the United Kingdom, and the group’s Metrocentre in Gateshead in the North East of England has the largest retail area, as displayed in this statistic.

Is Trafford Centre closing down?

Why is the Trafford Centre closing down?

The Trafford Centre in Manchester, one of the UK’s biggest shopping malls, has been taken over by its lenders, a Canadian pension fund, after its directors failed to sell it.

What is the largest shopping Centre in the UK?

Are the palm trees in Trafford Centre real?

The palm trees on Peel Avenue are not only real, they are originally from California and were transported to the centre with a short stint in Amsterdam to acclimatise.

How much is Trafford Centre in Manchester worth?

The Trafford, near Manchester, is worth around £1.7billion on Intu’s books. But a sale now would reveal how much value the coronavirus crisis has wiped off Britain’s malls as shops were shuttered during lockdown and tenants struggled to pay rents.

How many parking spaces are in Trafford Centre?

Trafford Centre is located about five miles west of the city centre with several conveniently situated transport links and parking for 11,500 vehicles. The Trafford Centre has 18 car parks and 11,500 parking spaces including disabled, parent and child spaces and EV charging.

Who was the previous owner of the Trafford Centre?

After the previous owner Intu Properties had entered administration in June 2020, the Centre was placed into receivership by its creditors in November 2020 and ownership transferred to The Trafford Centre Limited.

Is the Trafford Centre still part of Intu?

If you have any comments or compliments you’d like to make you can send us a message via the Contact Us page here. Although The Trafford Centre is now longer part of intu, you can still use your intu gift cards in our stores. Plus, brand new Trafford Centre Gift Card will be available to buy very soon!