PPRuNe Forums - View Single Post - DURHAM TEES VALLEY AIRPORT - 6
View Single Post
Old 3rd Jul 2017, 09:15
  #1867 (permalink)  
Beafer
 
Join Date: Jan 2013
Location: UK
Age: 73
Posts: 331
Likes: 0
Received 0 Likes on 0 Posts
Parent company, accounts, partners and 4 years left

N707, I had enquired about the refuse centre application, but removed the post as nobody answered.
As for Peel they won't sell the land back to councils, they will build on it.
It may not be all houses with their current investment in shopping centres and transport logistic warehouses.
https://realestate.ipe.com/news/mark...81.fullarticle

Peel logistics is one of new Peel companies and their accounts show that 50% of the new company is owned by the Macquarie Group as shown in their latest company accounts on the last page, and also the board of directors listing.
https://beta.companieshouse.gov.uk/c...filing-history

Who are the Marqurie Group.
https://en.wikipedia.org/wiki/Macquarie_Group

DTV's 800 acres of land will be anything but aviation which is why the management would only give it a guarantee of another 5 years according to Robert Houghs question time with the press back in 2016.
Q&A with Durham Tees Valley Airport boss on holiday flights, housing and 'facing reality' - Gazette Live
So in Robert and Whitakers eyes that's 5 years and counting from 2016.

Looking back through Roberts comments, I can't see where Peel have spent £34m at the airport unless it was spent underground?

Regarding the latest DTV Airport ltd public accounts which all of the directors including councillors signed off on and filed in January 2017.
It appears the parent company Tokenhouse and Peel have taken £10m out of DTV Airport during the year up to March 2016. No wonder the airport is making a £3m financial loss!!
All here in black and white for the doubters.
https://beta.companieshouse.gov.uk/c...filing-history
Beafer is offline