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Real Estate Development in PHPBB Top List Directory
Home » Business » Real Estate and Property » Real Estate Development » Peel Holdings
Peel Holdings in PHPBB Business Shopping Directory
The Peel Group is one of the leading property and transport companies in the UK with assets valued at over £4.5bn.1920 Peel Mills incorporated as a textile spinning company in Bury, Lancashire. 1973 Whittaker family acquired a controlling interest in the company, which has been maintained. 1977 The principal business of the company changed from textiles to property. Following closure, textile operation's redundant buildings were converted into an industrial estate. 1980s Peel gained an enviable reputation for the development of retail warehouses and was one of the first and most successful operators in this sector with over 4 million sq. ft. developed during this decade. 1981 The company changed its name to Peel Holdings p.l.c. 1984 Acquired Bridgewater Estates Ltd with a land portfolio of approximately 12,000 acres located mainly in and around the Manchester and Salford conurbations. 1987 The Whittaker Family acquired a controlling interest in The Manchester Ship Canal Company and in 1991 it was merged with Peel Holdings. The Manchester Ship Canal Company provides a port operating facility with over 3,000 acres of land including the site eventually to be developed as The Trafford Centre. 1989 London Shop plc (renamed Peel South East plc) was acquired, and extended the Group’s geographical spread of investment property, previously largely North West based. London Shop portfolio included offices and town centre properties, largely in the South East. 1997 A 76% interest in Liverpool Airport was acquired and the airport became wholly owned in 2000. This regional Airport, renamed Liverpool John Lennon Airport, handled over 3 million passengers in 2003 and is one of the fastest growing regional airports in Europe. 1998 The development of The Trafford Centre was completed. A regional shopping centre of 1.4 million sq. ft. with over 280 shops, 10,000 free car parking spaces, 35 restaurants and a 20-screen cinema. 1999 The acquisition of a redundant airfield at Finningley near Doncaster was completed. Doncaster Finningley Airport has the second largest runway in the North of England and includes land of 800 acres and over 800,000 sq. ft. of commercial property. 2001 A 50% investment in Sheffield City Airport was completed. 2003 Planning consent was granted to redevelop Doncaster Finningley Airport into a commercial airport and construction work is under way with the first commercial flights due to commence in 2005. 2003 A new passenger terminal building at Liverpool Airport was officially opened by HRH The Queen and the re-branded Liverpool John Lennon Airport was unveiled. 2003 A 75% interest in Teesside International Airport was completed and a substantial programme of investment is planned. 2003 The acquisition of Cydeport, Scotland’s only major west coast port was completed and includes the ports of Ardrossan, Glasgow, Greenock and Hunterston as well as important property investment and development assets, together with the Manchester Ship Canal Company, forms the Ports Division. 2003 The Group was restructured internally into the following four divisions - The Trafford Centre, Peel Land & Property, Peel Ports and Peel Airports.2004 Following an offer by its majority shareholders, Peel Holdings became a wholly owned subsidiary of Peel Acquisitions.The company changed it's name to Peel Holdings Limited. 2004 Peel Ports demerged from Peel Acquisitions 2005 Peel Ports division acquired Mersey Docks and Harbour Company to become the second largest Ports Group in the U.K. 2005 Peel Holdings (including Peel Land & Property and Peel Airports) demerged from Peel Acquisitions 2005 On April 28th Peel Airports opened Robin Hood Airport Doncaster Sheffield, the first full service airport to open in the U.K. since Stansted.
Address: Peel Dome, The Trafford Centre, Manchester M17 8PL
Telephone: 0161 629 8200
Fax: 0161 629 8334/8335
Website:
http://www.peelholdings.co.uk
