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The Peel Group

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The Peel Group
Company typePrivate
IndustryInfrastructure,
Land and Property,
Ports,
Transport
Founded1920 As Peel Mills
HeadquartersThe Peel Group,
Peel Dome,
The Trafford Centre,
Greater Manchester, M17 8PL
Key people
John Whittaker
Total assets£6 bn
DivisionsPeel Land and Property
Peel Ports
Peel Airports
Peel Energy
Peel Environmental
Peel Leisure
Peel Advertising
Peel Utilities
The Trafford Centre
MediaCityUK
Gloucester Quays
WebsitePeel Group Website


The Peel Group is one of the leading property and transport businesses in Britain and is based in Manchester, England. The Peel Group has assets owned and under management approaching £6 billion. [2]


The group is split into various divisions:

  • Peel Land & Property - a UK property investment and land portfolio consisting of 9 million sq ft of investment property and 32,000 acres. Peel also has overseas investments in Bermuda, The Bahamas and Spain. Major developments include Wirral Waters and Liverpool Waters. [3]
  • Peel Airports - The Peel Group (35%) with its partner Vancouver Airport Services (65%) invest in Peel Airport Limited which comprises key airport assets of Liverpool John Lennon Airport, Robin Hood Airport Doncaster Sheffield and Durham Tees Valley Airport. [4]
  • Peel Ports - Peel Ports handles 65 million tonnes of cargo every year. The Peel Group and partner RREEF's interests include Clydeport, Heysham, Port of Liverpool, Manchester Ship Canal and Medway Ports. [5]
  • Peel Energy - Peel Energy are at the forefront of delivering low carbon energy for the UK. They have a balanced portfolio of more than 3GW in generation or development including wind, tidal power, biomass and multi-fuel power plants with carbon capture and storage. [6]
  • Peel Environmental - Peel Environmental owns, manages and develops property in the waste, mineral and environmental technology sectors. Mineral extraction holds an important position in The Peel Group's history and continues to be an important part of the company portfolio. [7]
  • Peel Leisure - Peel Leisure currently own six hotels across North West England which are run by third party operators including the Marriott at Worsley and Crowne Plaza Liverpool. Peel Leisure is now developing its interests as an owner/operator on land owned by The Peel Group. [8]
  • Peel Advertising - Peel Advertising sells advertising, promotional space and sponsorship activities within and beyond the Peel portfolio. Their wide range of media products include giant back lit posters and 6 sheets at The Trafford Centre, Gloucester Quays and three UK airports. [9]
  • Peel Utilities - Peel Utilities provide utility services including electricity, gas, waters and sewerage services through regulated and non regulated infrastructure owned by Peel, to homes and businesses sited on Peel developments. [10]
  • The Trafford Centre - The Trafford Centre is located just off the M60 in Manchester. It has one of the most powerful retail line ups outside Oxford Street and is the only place in the UK where Selfridges, John Lewis, Debenhams and Marks & Spencer trade under one roof. [11]
  • MediaCityUK - MediaCityUK is the most significant media development in the UK and the biggest private sector building project currently underway in Europe. The 200 acre waterfront site on Salford Quays will soon be home to BBC North and the University of Salford. [12]
  • Gloucester Quays - Gloucester Quays is a joint venture between Peel and British Waterways and is one of the largest mixed use waterside regeneration developments in the UK. The Gloucester Quays Designer Outlet was opened in May 2009 by Gok Wan. [13]


Peel has and will continue to put down very strong roots by reinvesting and in retaining investments. Peel has a long term vision; there is no interest in quick fixes. Corporate policy is to manage the portfolio actively and to improve the quality of the Group's interests and properties, and so benefit both the company and the areas where it operates.


The Peel Group traces its origins back to 1920, when Peel Mills was incorporated as a textile spinning company in Bury, Lancashire. The Whittaker family acquired a controlling stake in 1973, which it has retained. Between 1971 and 1987, John Whittaker also acquired John Bright & Brothers, Bridgewater Estates and the Manchester Ship Canal. Together they form the foundation on which Peel stands today. The fusion of Peel's property interests, and especially the Bridgewater Estate and the 36-mile long inland port of the Manchester Ship Canal, brought together once again the forces that were fundamental in the establishment and operation of one the great industrial regions of the world.


Planning permission for The Trafford Centre was sought in 1986 and approval was finally achieved in 1995 and the centre opened on 10th September 1998. The acquisition of Clydeport plc and its west coast Scottish ports in 2003 was followed by the acquisition of the Mersey Docks and Harbour Company which resulted in the Peel Ports division becoming the second largest ports group in the UK. In 2007, planning permission was granted for MediaCityUK - the largest purpose-built media community in Europe. The first phase, due to be completed in 2011, will see an initial 36 acre site transformed with a £500m investment from Peel. Peel's plans for Ocean Gateway - a proposed £50 billion investment strategy for the North West spanning the next 50 years - were first revealed in 2008. The aim is to establish the River Mersey and Manchester Ship Canal corridor as a source of new jobs, investment, development and environmental improvements. [14]


References

  1. ^ The Peel Group website [www.peel.co.uk]
  2. ^ The Peel Group website [1]]
  3. ^ Peel Land & Property website [2]
  4. ^ Peel Airports website[3]
  5. ^ Peel Ports website [4]
  6. ^ Peel Energy website[5]
  7. ^ Peel Environmental website [6]
  8. ^ Peel Leisure website [7]
  9. ^ Peel Advertising website [8]
  10. ^ Peel Utilities website [9]
  11. ^ The Trafford Centre website [10]
  12. ^ MediaCityUK website [11]
  13. ^ Gloucester Quays website [12]
  14. ^ The Peel Group website {http://www.peel.co.uk]


The Peel Group website

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