| Industry: |
Real Estate |
| Revenues: |
Under $20 Million |
| Employees: |
Under 99 |
Description
> BAA Lynton has undergone a major shift in strategy. With the creation of the Airport Property Partnership in 2005 we have changed from a traditional, capital-intensive property company to asset manager. It's the final step in a process we started some five years before when we established the Airport Hotels Partnership followed by the Airport Industrial Limited Partnership.
We are still part of BAA Limited, the world's leading owner and operator of airports, and we retain our deep understanding of the market for airport-related property. But we are now fully part of the asset management world. It's a progressive move. We have a new strategic partner in Morley Fund Management and in the Airport Property Partnership a well-financed property fund, the largest and best of its kind.
The fund starts life with an enviable dowry of buildings and land from BAA, and it will grow through acquisitions and development, without any of us on the BAA Lynton team losing sight of why we are here, which is to add value through satisfying our customers.
It is not simply that we control 3.5 million sq ft of commercial space. It's what goes on inside those buildings that creates value , for our customers, the funds, and the aviation industry as a whole. We are in pole position to help the industry become more efficient by providing better facilities. That's why we've changed.
In all, we now have over £1.2bn of property under management. We have scale and knowledge, and now long-term access to funding that will give full rein to the entrepreneurial spirit of BAA Lynton. It's a powerful combination.
Products & Services
property