It's always possible that Infratil could parcel it up and sell it in small parcels. It is likely that the sum of lots of bits would be greater than the whole.
The valuation when it was bought 3 years ago is very dependent on how it was valued, what the conditions of sale where, the speed of the deal etc.
So whilst the property market may be in turmoil know it doesn't necessarially mean that Manston would be worth less now than it was 3 years ago, especially if 3 years ago it was sold as a single package, whereas now it is being valued as a total of lots of little packages.
However at the end of the day we don't know what is happening and just have to wait and see. In a few years some on this forum will be able to say I told you so!
