Cushman & Wakefield have been appointed to advise on the development at Edinburgh Airport.
Crosswind Developments, the sister company of Edinburgh Airport, has brought in the real estate services firm to help on delivering more than 100 acres of land at the site, which will be released following closure of the airport’s secondary ‘crosswind’ runway.
Crosswind Developments has said it intends to fund a new terminal access road.
John Watson, chief executive of Crosswind Developments said, “Cushman & Wakefield understands our vision to create a mix of property developments that complement the airport and enhances the local economy. They have a long track record of working with our neighbours and partners who have something to contribute. They have the experience in delivering complex development projects.
“We look forward to working together to create a sustainable development we will be proud of in years to come with more jobs, bringing a wider benefits to the west of Edinburgh.”
Nick Lambert, partner, Cushman & Wakefield who will lead the firm’s advice added, “The development land at Edinburgh Airport is one of the best-connected strategic sites in Scotland, positioned adjacent to the airport and within a dynamic regional economy. Our role will be to maximise this opportunity – for both the airport and the west of Edinburgh – and to prepare a delivery strategy that makes it happen.
“We have a long experience of preparing and executing strategies for development sites with similar characteristics to the airport and for clients who want to deliver the best financial, environmental and reputational outcomes.”