John Laing Group, an international investor and active manager of core infrastructure, has acquired a portfolio of three infrastructure assets from AMP Capital for an undisclosed amount.
The portfolio consists of Convention Centre Dublin (CCD), Ireland’s only purpose-built convention center that has hosted more than 2,000 events since opening in 2010. It is a 25-year availability-based public private partnership (P3) with the Irish Government’s Office of Public Works (OPW). It also includes Towercom, Ireland’s largest independent telecommunications tower company, with a nationwide portfolio of 409 towers; and Valley Healthcare, Ireland’s largest primary care center (PCC) operator and developer, Valley Healthcare has 20 PCCs under operation across Ireland and a pipeline of new centers under development.
The transaction is expected to reach completion in 2023. Financial terms were not disclosed.
“This acquisition, the largest single investment in John La
