Airport property company has two new bosses

Manchester Airport scheme

Manchester Airport has appointed two new bosses to head up its property company.

The move comes just months after it was announced that chief executive of the division Lynda Shillaw was leaving to join property firm Town Centre Securities.

The property arm of the business is responsible for a £526m UK airport property portfolio located at Manchester, London Stansted and East Midlands.

Jonathan Haigh

Jonathan Haigh has been appointed managing director of MAG Property and Andrew Blackshaw will be managing director of MAG Investment Assets.

The move comes as Manchester Airport Group has restructured the assets within its property business, with a dedicated team focused on different parts of the portfolio, each with their own lead.

Jonathan Haigh, in his new role will focus on MAG’s development land and “core” property assets across its three UK airports, and providing development management services across the group and for the 5m sq ft Airport City Manchester scheme.

Andrew Blackshaw will focus on MAG’s investment properties comprising c.8m sq ft of assets including offices, hotels, warehouses and hangars.

His goal will be to maximise value and efficiencies from these properties which are independent operationally of the airports.

Brad Miller, MAG Chief of Staff, said: “I’d like to congratulate Jonathan and Andrew on their promotions that are very well deserved.

“Managing and developing property takes knowledge and expertise, particularly in complex airport environments. It also takes specialist skills and understanding to make sure the businesses that choose our locations get the most out of them.”

Manchester Airport is involved in one of the biggest property deals in the North West this year.

The Hut Group is spending $1bn on a million sq ft office at the airport. It will be the largest purpose-built head office in the region.

Plans are also in the pipeline for two new additional office blocks and a multi-storey car park at the development known as Airport City.

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