TBI is in “advanced” talks to sell off its non-airport-related properties to an unnamed buyer.
Some “key commercial issues” have to be resolved first, the airports group said.
The assets under discussion are thought to include commercial and industrial sites around the UK. The sales would complete the group’s transformation from a property group.
Financial Times 11/05/99 page 24
The Daily Telegraph 11/05/99 page 31 (The Market)
