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APG-QIC consortium acquires interest in Brussels Airport
Transactions - MARCH 18, 2019

APG-QIC consortium acquires interest in Brussels Airport

by Jody Barhanovich

The APG-QIC consortium has acquired interest in Brussels Airport. Upon completion, APG and QIC will both have a stake of 16.8 percent in Brussels Airport. The consortium acquired the asset through QIC Global Infrastructure Fund.

The transaction is expected to close over the coming months and is subject to approval by the regulator.

The APG-QIC jointly led consortium also includes Swiss Life. The joint venture will also work with its partners and existing Brussels Airport shareholders Ontario Teacher’s Pension Plan and SFPI/FPIM.

Brussels Airport — Belgium’s largest — is a freehold perpetual airport located in the political capital of Europe, host to EU and NATO headquarters. It is a strong performing gateway airport, supported by a transparent and stable regulatory regime.

 

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