Peel Pledges Strong Support for the Northern Powerhouse
Thursday, 15 October 2015
Peel has identified 150 projects across its investment portfolio which sit within the Northern Powerhouse, and yesterday launched a consultative document ‘Peel in the Northern Powerhouse’, which encourages a fresh dialogue between business, Government and other Northern-based partners.
The Peel Group is one of the UK’s foremost privately-owned investment enterprises, embracing a broad range of sectors: land and property; transport and logistics; retail and leisure; and energy and media. Its investment portfolio across the North includes: Manchester’s MediaCityUK; Port Salford; the Port of Liverpool; major regeneration schemes in Liverpool and Wirral; Liverpool’s John Lennon Airport; Doncaster Sheffield Airport; and Durham Tees Valley Airport.
Peel's portfolio includes Doncaster Sheffield Airport |
Peel has a proven track record in pioneering regeneration in the North over the past 25 years, with total investments of over £5bn, supporting 70,000 jobs. There is an additional commitment of £1bn of investment underway, in partnership with others.
John Whittaker added: “We believe that the Government is making great strides in facilitating a new approach to Northern growth. However, it is clear that more needs to be done to give the private sector the confidence and ability to deliver in the North, across a range of issues such as transport and logistics, communities, energy and resources. We very much look forward to working alongside our many partners, local authorities and the Government to help deliver the Northern Powerhouse.”
Peel is planning to publish an investment prospectus in early 2016, setting out in more detail the contribution that Peel and its partners can make to the North.
Original source: shdlogistics.com