MAG, the UK’s largest airport group, has appointed two new MDs to lead its Property business, which is responsible for a £526m UK airport property portfolio located at Manchester, London Stansted and East Midlands.
The two appointments are as a result of internal promotions and will see:
Andrew Blackshaw appointed as MD, MAG Investment Assets
The moves come as MAG 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 as MD, MAG Property, 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, in his new role as MD, MAG Investment Assets 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.
The two appointments succeed Lynda Shillaw, who has departed MAG for Town Centre Securities plc.
Commenting on the new appointments, 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.”