Trafford Centre valuation creeps above £1bn
Footfall was up 8% and net rental income increased by £4m during 2025 as the 2.2m sq ft retail complex defied geo-political uncertainty.
Trafford Centre is owned by Trafford Centre Limited, part of the Canada Pension Plan Investment Board, which acquired the retail destination in 2020 from Intu Trafford Centre Group.
The headline from Trafford Centre Limited’s results, which cover the year ended 31 December 2025, is a £56.8m increase in the asset’s valuation from £985.9m to £1.057m year-on-year.
Some 23.5m people visited the Trafford Centre last year, up from 22.8m the year before.
Openings including the world’s largest JD Sports, Whittard, Joe & the Juice, Popmart, and Pureseoul and increases in the size of Apple, Mamas and Papas, Moss Bros, and Swarovski contributed towards the increased income and footfall seen in 2025.
This year has seen or will see further openings from Uniqlo, Footasylum, The White Company, and Lululemon.
Trafford Centre Limited has current liabilities of £237m and is reliant on financing from its parent company to continue trading. Mezzanine financing of £430m has been agreed up until December 2027, according to the financial results.
Going forward, the company expects that the business environment will “remain uncertain given ongoing geopolitical events”.
These include the war in Ukraine, conflict in the Middle East, and “global macro-economic implications of the policies of the government of the United States”.
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Not surprised, the Trafford Centre is the number one reason for visiting Manchester.
By Anonymous
Not as nice as Meadowhall though, that’s really doing well.
By Anonymous
The Trafford Centre, Meadowhall and the Metro Centre are all awful but not as bad as the Arndale Centre which is truly dreadful.
By Anonymous
Looks like a superior yield on the Trafford Centre over others such as Meadow hall and Metro centre, presumably higher footfall and rental quality
By TJL
If the traffordcentre is the no1 reason for visiting manchester,poor manchester there are better places to visit in our wonderful city.
By Anonymous
Can’t stand this place – and all the other OOT malls like Meadowhell. You can’t beat the city centre for its variety, edginess and its rapid and organic response to changing tastes and trends. Trust me when I say that these mega-malls will ultimately fail over city centre offerings
By Anonymous
Trafford centre is the best shopping place anywhere!!
By Brooke’s
In the few comments the Trafford centre goes from being described as ‘the number one reason for visiting Manchester’ to “truly awful” which to me is a little perplexing, surely only one person can be right? ….unless of course you go on to remember that it’s only opinion and not fact and then you realise how pointless other people’s comments can be, wasteful. Put in more effort! 😫🙄🏴
By Cristoforo
Imagine commenting on a story which confirms the Trafford Centres valuation has now reached £1bn, footfall is up and net rental increased yet claiming it is “awful” and “not nice”.
The mind wonders.
By Mr Mcr
I agree about the Meadowhall, it’s not as tacky and is more upmarket. I’d prefer either over city centres though.
By Anonymous
As there are no museums or anything of any cultural interest in Manchester, people come here. Poor Manchester indeed
By John
Museums and “cultural interest” and you incorrectly refer to it have nothing to do with shopping. If I want to buy anything I go to a shopping centre, not a museum.
By Anonymous