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Old 13th Jul 2022, 17:10
  #276 (permalink)  
jmdavies86
 
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Originally Posted by TimmyW
And if Peel want to develop the land, they aren't likely to sell.
Do they actually own the land outright, or are they merely a leaseholder...?

If the latter, it will very much depend on what is detailed in the lease agreement between the actual land owner & Peel Group. If it states that they have to operate it as an airport, then they can't/won't simply be able to redevelop the land into another distribution centre without agreeing a change to the terms of the lease.
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