Originally Posted by
SWBKCB
Whatevers happening, the price is going up.
Still don't understand how you can have a judicial review of Peels decision.
I feel the language has changed slightly in the last few days in regards to the statements from Ros Jones and Oliver Coppard, possibly due to some legal advice? Either way it’s seemingly becoming quite vague.
My suspicions are that DMBC are aware owing to the nature of the talks with bidders, there’s not an awful lot they can do. Clearly a lot of mistrust in Peel from them and general public, bit of pandering to that perhaps? Not sure whether DMBC have commissioned anybody to do a review of the airport independent of Peel assessment. Nor whether any actually assessment of regional economic GVA estimates of the site under other uses have been carried out. I feel it would be a bit irresponsible of DMBC/Oliver Coppard to not do that, so I suspect they know more than they’re letting on, after it’s good for nobody should it be left in a state of disrepair for years.
Id like to know what Ros Jones is using as a benchmark for ‘market value’, the airport as it is or the land that can be built on? If former then with the losses it can’t be worth all that much, surely, irrespective of the sunk capital? In which case Peel will inevitably be placing unrealistic targets for the offers. More positive is that Peel have alluded (in the leaked minutes from a staff meeting at DSA) that one of the interested bidders are also interested in the wider Gateway East development, if that could be incorporated into the airport operating company the could that subsidise any losses the airport continues to make? I’m naive to the legalities of such things.