Peel are a land company, thats how they make money. Buy cheap land as in the case of Teesside Airport (very cheap) and develop it. The airport side of Tokenhouse Ltd is a fraction of the company.
https://en.wikipedia.org/wiki/The_Peel_Group
Tokenhouse Ltd are based in the Isle of Man and are the ultimate PARENT company of Peel. This news piece gives you an idea of what they are all about.
Revealed: how the company regenerating the Clyde pays as little tax as possible | HeraldScotland
I doubt that Peel would have been given the recent planning permission to build any houses near the DTVA terminal due to public opposition IF they had closed DTVA before now.
By sending a large airline company packing saying they don't want that type of holiday business makes no sense at all, unless of course they want to just have the place ticking over until they get more houses around the airport site
Looking at Tokenhouse Ltd it seems to be a network of companies and individuals.
https://offshoreleaks.icij.org/nodes/82010602
Incorporated 9 years ago.
https://opencorporates.com/companies/im/004056V
Press are also looking at the companies activities.
Nerve 18 - Peel under the spotlight
Assets of £6.6 BILLION -
https://ipfs.io/ipfs/QmXoypizjW3WknF...eel_Group.html