News

Heathrow auctions off entire contents of T1

30 Jul 2017 by Mark Caswell
Heathrow T1 Auction

The entire contents of Heathrow T1 is being put up for auction, in what is being described as an “unprecedented” sale.

The terminal originally opened in 1968, and closed on June 29, 2015, with plans for it to be demolished to make way for future expansion at the airport.

But for now CA Global Partners  – an industry leader in the disposal of assets for wholesale and industrial clients – has been tasked with liquidating the entire contents of the terminal, in what it is described as “a sale of epic proportions”.

Everything from entire luggage reclaim carousels, escalators, airbridges and business lounges, down to airport signage, over 2,000 security cameras and 4,000 seats, and artwork by Polish born painter Stefan Knapp, will go on sale over the coming weeks.

Heathrow T1 Auction

Commenting on the sale, Daniel Gray, Managing Partner of CA Global Partners Europe  said:

“A sale such as this, comprising the entire contents and infrastructure of an entire major airport terminal is unprecedented, to say the least.

“Not only does this represent a rare opportunity for a young airport to fully equip a new terminal, but many of the items in this sale could be refurbished or repurposed for a variety of uses in other industries – Let alone some of the historical value to many of the items.”

Items will be offered by private treaty and through a series of auctions, with more information and a brochure available at cagp.com/events/heathrow-airport-terminal-1.

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