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The Peel Group

The Peel Group
Company typePrivate company
Industry
FounderJohn Whittaker[2]
HeadquartersVenus Building, Trafford Park[3]
Key people
John Whittaker (Chairman) (2022)[4]
Total assets£2.3 billion (2022)[5]
Owner
WebsitePeel Group Website
Trafford Centre Atrium, 2007

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 km2) 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]

The Trafford Centre, which opened in 1998, is widely regarded as Peel's landmark development. It was sold in 2011 to Capital Shopping Centres for £1.6 billion, making it then the most expensive acquisition in British property history. £700 million of the consideration was in shares and Peel continued to buy shares in the purchaser that went into administration, eliminating share value, in 2020.[9][10][11][12][13]

The Peel Group held a series of other substantial investments in listed businesses including Land Securities Group plc and Pinewood Shepperton plc, and in 2022 owns 14.1% of Harworth Group plc[14][15][16]

  1. ^ a b c "The Peel Group". www.peel.co.uk. Archived from the original on 20 July 2011.
  2. ^ a b "Profile: John Whittaker". The Scotsman. 28 March 2010. Archived from the original on 8 July 2022. Retrieved 7 July 2022.
  3. ^ "PEEL GROUP LIMITED overview - Find and update company information - GOV.UK". Archived from the original on 7 July 2022. Retrieved 6 July 2022.
  4. ^ a b "About us". Archived from the original on 28 June 2022. Retrieved 6 July 2022.
  5. ^ a b "Real Estate". Archived from the original on 28 June 2022. Retrieved 6 July 2022.
  6. ^ Cite error: The named reference mediacity was invoked but never defined (see the help page).
  7. ^ Cite error: The named reference aus was invoked but never defined (see the help page).
  8. ^ Begum, Shelina (14 October 2015). "Peel Group announces support for the Northern Powerhouse". men. Archived from the original on 16 January 2018. Retrieved 26 May 2017.
  9. ^ Cite error: The named reference BBC-26Jun2020 was invoked but never defined (see the help page).
  10. ^ Ruddick, Graham (27 January 2011). "Capital Shopping Centres seals £1.6bn Trafford Centre deal despite Simon Property Group's concerns". The Telegraph. Archived from the original on 12 March 2011. Retrieved 15 September 2011.
  11. ^ Packard, Simon (23 February 2012). "Capital Shopping Earnings Rise as Trafford Centre Purchase Lifts Revenue". Bloomberg. Archived from the original on 9 March 2012. Retrieved 27 March 2012.
  12. ^ Cite error: The named reference buybuy was invoked but never defined (see the help page).
  13. ^ Cite error: The named reference csc was invoked but never defined (see the help page).
  14. ^ "Harworth Group 2021 Accounts.pdf". Companies House. Archived from the original on 8 July 2022. Retrieved 7 July 2022.
  15. ^ "Retail giants shop for UK property". 1 December 2010. Archived from the original on 15 January 2016. Retrieved 29 March 2012.
  16. ^ Cite error: The named reference prol was invoked but never defined (see the help page).

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