Wakefield’s Trinity Walk sold for £150m

Trinity Walk
Trinity Walk

Trinity Walk has been sold for around £150m to a global investment firm.

The shopping centre has been bought by Orion European Real Estate Fund from owners Ares Management, Sovereign Land and Shepherd Construction.

Trinity Walk was bought by the partnership in 2009 and opened in May 2011.

Wilson Lamont, partner of Ares Management, said: “Since acquiring Trinity Walk out of bankruptcy during the depths of the recession, we are delighted to have completed its construction and created a highly successful, dominant retail destination with market-leading tenants that attracts well over 10 million shoppers a year.”

Orion said it was looking to expand the shopping centre in the future.