INTU - the owner of Trafford Centre and some of the UK's largest shopping centres - has valued the Trafford Centre at a hefty £2.2bn.
The value of Manchester Arndale also jumped, from £399m in 2013 to £430m in 2014.
The valuation for the 2m sq ft shopping and leisure complex - which offers 233 stores and has an annual footfall of over 30m - is up £300m on last year (an increase of 16%).
Occupancy rates at the Trafford Centre are currently 95%, with headline rent now £425 per sq ft, the centre is generating nearly £90m in rent per year.
The Trafford Centre - the UK's largest inner-city shopping centre - is Intu's best performing centre anywhere.
Trafford Centre
Intu - which also owns 48% of Manchester Arndale - reported revenues of nearly £536m for 2014, up £25m from 2013. Total profits for the year reached £600m, up £236m on 2013.
The value of Manchester Arndale also jumped, from £399m in 2013 to £430m in 2014 (an increase of 7%).
Arndale Centre
"Intu's improved 2014 results demonstrate we are well positioned to benefit further from rising consumer confidence and strengthening demand from retailers for quality space," said Intu's Chief Executive David Fischel.
"As the UK's leading owner and manager of prime regional shopping centres, we welcome over 400million customer visits through our centres each year and our clear focus on delivering outstanding customer experience under the intu brand is proving a powerful factor in the successful performance of our centres.
"Following excellent acquisitions both in the UK and Spain in the last few years, we also look to the organic growth opportunity from driving forward our £1.9 billion development programme."
