MAG PROPERTY BUILDS EXPERTISE WITH NEW APPOINTMENT

Manchester Airports Group, MAG Property, the property and development arm of the country’s largest UK-owned airport operator, announces the appointment of Julian Stott as Development Manager,  responsible for working across MAG Property’s diverse land bank and development portfolio which extends across London Stansted, Manchester, East Midlands and Bournemouth Airports.

Julian (left) joins from JLL where he was a Director in its Hotels and Hospitality Group. Prior to this his wide ranging property experience was gained in roles at PwC, Ask Developments and Cushman & Wakefield. Julian will join the team in early October.

Lynda Shillaw, MAG Property CEO, said:

“It’s important for our business that we have scale and versatility, particularly as we look to bring forward a variety of development schemes in the near future.”
 
“Establishing a strong team is really important for us as we move into the next phase of our growth. MAG Property is well placed to capitalise on its knowledge and expertise gained as a leading property company within the aviation sector.”

Jonathan Haigh, Director of Development Management & Infrastructure, said:

“MAG Property has strong aspirations to realise the full potential of the substantial land bank across our airports and Julian joins the Development team at a really exciting time.

“We have a portfolio rich with development opportunity and Julian’s arrival reflects our ambition to step up our masterplanning and transactional activity to drive more schemes and deals forward at Manchester, London Stansted, East Midlands and Bournemouth, as well as the £800m Airport City Manchester project.”

MAG Property are experts in the development and management of land and property at airports, with a £623 million mixed-use commercial portfolio and 1,000 acre land bank at Manchester, London Stansted, East Midlands and Bournemouth airports. As part of the largest UK-owned airport operator, MAG Property provides high-quality space in offices, terminals, hangars, warehouses and hotels across UK airports.

MAG Property manages MAG’s 50% investment in the flagship £800million Airport City Manchester development, the focal point of Greater Manchester’s Enterprise Zone, in partnership with Beijing Construction and Engineering Group (BCEG), Carillion and the Greater Manchester Pension Fund (GMPF).

MAG is the largest UK-owned airport group and serves 48 million passengers through its ownership and operation of Manchester, London Stansted, East Midlands and Bournemouth airports. MAG is privately managed on behalf of its shareholders with IFM Investors owning 35.5%, Manchester City Council 35.5% and the nine Greater Manchester Councils of Bolton, Bury, Oldham, Rochdale, Salford, Stockport, Tameside, Trafford and Wigan owning the remaining 29%.