The Intu Trafford Centre is to go up for auction after falling into administration earlier this year, according to reports.
There's fresh hope for the Manchester shopping centre, with investment bank PJT Partners and property agent CBRE appointed to market the £1.3bn site, as Sky News reports.
In a statement, a spokesperson for the joint administrators of Intu properties said: "All parties are working constructively together to maximise value for this highly attractive asset."
Back in June, it was announced that the Trafford Centre's owner Intu had gone into administration, leaving the shopping centre's future hanging in the balance.
The news comes following pressure from its biggest lender, the Canada Pension Plan Investment Board.
The site attracts around 30m visitors to Manchester every year.
Intu owns and operates shopping centres in Glasgow, Nottingham, Norwich, Newcastle, Essex, Gateshead, Milton Keynes, Uxbridge, Watford, Cardiff, Stoke, Dudley and Bristol.
