Stockport’s business neighbour MAG Property, better known as the experts in the development and management of land and property at airports, are expanding their team at Manchester Airport.
The company’s current property portfolio is worth £641 million which is distributed between four UK airports with an average of 93.9 percent occupancy, generating an income of £47.5 million per annum.
Andrew Blackshaw joins from Deloitte and has 17 years corporate finance and real estate consulting experience. MAG Property’s CEO Lynda Shillaw is excited about the move that will see Blackshaw take on the responsibility for investment estates, assets, facilities management and risk.
“This is another great senior hire for MAG Property. Andrew has chosen an exciting time to be joining us, as we continue to build a distinctive offer for businesses looking to occupy space at one of our highly connected locations. Andrew is a really strong addition to the senior management team and will help us with our goal of being a market leading property and development business.”
The move to Stockport’s business neighbour MAG Property, commonly referred to as the property and development arm of the UK’s leading airport group, has left Blackshaw commenting:
“I’m excited to be joining the senior team at MAG Property at this really important stage in its development. I’m looking forward to be joining such a great group of people and helping to support the business as it grows and develops.”
MAG Property have an exciting time ahead of them with Blackshaw’s specialism in designing and implementing managed exits to optimise plans on behalf of financial stakeholders. He also brings to the table his extensive experience in creating and operating management platforms and re-positioning diverse portfolios. The chartered surveyor and member of the IPF has delivered numerous real estate non-performing loan transactions for vendors and has executed workout plans for private equity investors.