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Sarah Townsend The landowner has moved to purchase the 340,000 sq ft retail and leisure complex built as an extension to the Trafford Centre mall it sold in 2011. Barton Square was put on the market with Savills last year with bids sought in excess of £50m. The value of the deal with the Peel Group has not been disclosed and Peel declined to comment on “market speculation”. The company is believed to be under offer on the property and a sale has yet to complete. The Barton Square complex was redesigned in 2018 as a 110,000 sq ft extension to the Trafford Centre, during a £75m mall revamp that completed early last year. The extension provided additional retail and leisure space and the arrival of anchor tenant Primark. ....
Dan Whelan The company in charge of the 340,000 sq ft leisure and retail complex at the Trafford Centre is in talks with several parties interested in buying the asset after it was put on the market last year. The directors of Barton Square Limited, part of the wider Trafford Centre group of companies that took over the running of the mall when its previous owner Intu Properties collapsed last year, confirmed they had been approached by numerous bidders looking to acquire the complex. Savills was appointed as the agent for Barton Square in November and it is understood that bids in excess of £50m are being sought. ....