Discussion:
British Cities Could Sell Airport Assets
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Joe Curry
2010-09-22 15:23:57 UTC
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Source: www.airwise.com
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September 22, 2010
British cities could sell assets worth billions of pounds including
airports and prime real estate to plug budget holes and Birmingham is
already talking to potential investors in the Middle East.
Details: http://news.airwise.com/story/view/1285158439.html
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Roland Perry
2010-09-22 15:29:23 UTC
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Post by Joe Curry
British cities could sell assets worth billions of pounds including
airports and prime real estate to plug budget holes and Birmingham is
already talking to potential investors in the Middle East.
What a strange world we live in where Birmingham airport has as one of
its largest shareholders the Teachers' Pension Fund in Ontario.

When all those Teachers retire, I wonder who they expect to sell it to,
to pay for their groceries?
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Roland Perry
Mizter T
2010-09-23 01:00:06 UTC
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Post by Roland Perry
Post by Joe Curry
British cities could sell assets worth billions of pounds including
airports and prime real estate to plug budget holes and Birmingham is
already talking to potential investors in the Middle East.
What a strange world we live in where Birmingham airport has as one of
its largest shareholders the Teachers' Pension Fund in Ontario.
When all those Teachers retire, I wonder who they expect to sell it to,
to pay for their groceries?
The Ontario teachers' pensions fund has it's fingers in quite a few
pies this side of the Atlantic, I think - they seem to have a fairly
brash and daring bunch of asset managers doing their bidding...
Joe Curry
2010-09-23 12:16:05 UTC
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On Wed, 22 Sep 2010 18:00:06 -0700 (PDT), Mizter T
Post by Mizter T
Post by Roland Perry
When all those Teachers retire, I wonder who they expect to sell it to,
to pay for their groceries?
I think - they seem to have a fairly
brash and daring bunch of asset managers doing their bidding...
Did they bid for LGW?

Joe Curry
2010-09-23 12:14:28 UTC
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Post by Roland Perry
When all those Teachers retire, I wonder who they expect to sell it to,
to pay for their groceries?
And if it will turn a profit for them?
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