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The Peel Group is a British infrastructure and property investment business, based in Manchester. In 2022, its Peel Land and Property estate extends to 13 million square feet (1.2 km 2) of buildings, and over 33,000 acres (13,000 ha) of land and water. Peel retains minority stakes in its former ports business and MediaCityUK. [6] [7] [8] [5]
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Whittaker's Peel Group sold the 1.5m sq ft Trafford Centre to Capital Shopping Centres (now Intu Properties) in January 2011. Under the terms of the deal, which valued the Manchester scheme at £1.6 billion, his company, Peel, took shares in CSC worth £636m and he joined its board as deputy chairman. [ 7 ]
The Peel Group has estimated that there is potential for up to 250,000 new jobs along the gateway, with 140,000 resulting from immediate investment in logistics and ...
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The Peel Group was granted planning permission to develop the site in 2007, and construction of the development, with its own energy generation plant and communications network, began the same year. Based in Quay House, the principal tenant is the BBC, whose move marks a large-scale decentralisation from London .
The company was founded in 1998 by Robert Peel, when he bought the Bull Hotel in Peterborough.Since that date, the company has acquired other notable hotels, such as the famous Midland Railway Hotel in Bradford, and the King Malcolm Hotel in Dunfermline.
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