Expressions of interest from international development and investment partners are being sought by M.A.G for its £650 million Airport City scheme, the first of its kind in the UK.
M.A.G has appointed the leading global property advisor, CBRE, to manage the tender process on its behalf – and developers and investors are now able to register their interest in the project by contacting Colin Thomasson at CBRE. The registration process will run until 21 January 2013.
Further information information on the development and tender process is available here:www.airportcity.co.uk/investment
Airport City is the core element of the Government designated Enterprise Zone surrounding the UK’s third busiest airport, Manchester. It aims to compete with existing airport city and ‘aerotropolis’ projects outside the UK, including Barcelona and Amsterdam.
In order to realise the scale of the ambition, M.A.G is seeking a Joint Venture Co-Investment and Development Partner (s) for Airport City, with expertise and experience of international business space delivery, alongside access to international occupiers and large-scale financing capabilities – potentially for the entire scheme – alongside M.A.G’s land ownership and expertise in airport developments.
John Atkins, M.A.G’s Airport City Director, said: “As recognised by the UK Government in its Enterprise Zone designation, Airport City is a unique commercial product for the UK that will meet demand that currently exists for a high-quality, sustainable and well-connected environment with access to the global marketplace.
For more information please click here to go to Manchester Airport website.