The Arora Family Trust has bucked the downward trend currently being seen in the commercial property sector and reported a new £309 million deal with the airport operator BAA.

According to a statement released by the trust, the deal involves the acquisition of 30 assets for £236 million, with an additional three currently under construction also purchased for £73 million.

This portfolio contains a variety of commercial property investments, including retail sites, as well as development potential, across the UK airports owned by BAA.

Commenting on the deal, Surinder Arora, who controls the country's largest family-owned hotel property portfolio, explained that the acquisitions have been made with long-term development in mind.

"This is a significant asset consolidation which will bolster the business plans we have for Heathrow, Gatwick and other UK airports," he told Reuters.

The deal comes as the Competition Commission has recommended that BAA should lose control of two of its three London airports, namely Gatwick, Heathrow and Stansted, as well as give up one of either Edinburgh or Glasgow.