Tenure · 15 / 20 / 15
A lease measured in generations, not budget cycles.
Every zone in the portfolio is offered on the same 50-year structure. It exists for one reason: to let heavy, long-lived investment be planned on a horizon that matches the assets, not the lease.
The structure
Fifty years, three phases
Site occupation, first buildings, customs-controlled area stand-up. Building allowance runs hardest here — full write-off inside the phase.
The longest phase. Expansion, second lines, corridor traffic maturing. Assets from Phase 1 reach mid-life; reinvestment compounds.
Repowering and renewal. First-cycle assets retire and rebuild on the same footprint, ahead of the year-50 renewal review.
The arithmetic
Why the horizon changes the return
A ten-year lease forces you to recover heavy capital in ten years, or gamble on renewal. Fifty years lets the same capital be spread across its true working life — and lets a second investment cycle happen without moving site, re-permitting, or renegotiating tenure at the worst possible moment.
The chart shows the same building cost recovered over three lease lengths. On a 50-year lease, annual recovery pressure is a fraction of the short-lease case — capital that would service tenure risk goes into the business instead.
Tenure questions
Why 50 years and not the usual 10 or 25?
What are the three phases?
What happens at year 50?
One enquiry, routed once.
You send one enquiry. The platform routes it to the zone authority within one working day; the authority responds within five. No form-chasing across multiple websites.