Three connecting lots of land in the centre of the airport are seen as critical for the airport’s long-term expansion
After advertising land between the airport runways on Wednesday, the owners of the three lots have let it be known in tentative engagements with potential buyers that they have set a guide price in excess of €205 million-€210 million for the property.
The site has been cast as an ideal location for a third terminal although senior airport figures believe such infrastructure won’t be required for another two decades. That valuation is roughly half the €1.6 million price per acre that the airport authority recently paid in a €70 million deal for a car park site outside the airport campus. The transaction is subject to the approval of competition regulators.
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