# Airport - Real Estate Asset

**IRI:** https://folio.openlegalstandard.org/R8bEuMqtr7n0BYQL4AzJaNK

## Labels

**Preferred Label:** Airport Property

**Alternative Labels:**

- Airport Land Asset
- Aviation Real Estate

## Definition

An Airport - Real Estate Asset refers to the land, buildings, and infrastructure associated with an airport, including runways, terminals, and other facilities. This type of asset involves both operational and non-operational properties that contribute to the airport's functionality and revenue generation.

## Examples

- An investment group purchases an airport hangar as part of its aviation real estate portfolio.

## Sub Class Of

- https://folio.openlegalstandard.org/RBW7QMNsjTXbouCQpRF7NM7

**Deprecated:** False