New York, March 15, / PRNewswire / – APG pension investor in partnership with the fund manager alternatives to QIC agreed to acquire 36% interest in the Brussels airport.
APG-QIC consortium led by another joint Swiss Life.
Upon completion, APG and QIC will also have a 16.8% stake in the Brussels airport. The transaction is expected to be completed in the coming months and is subject to the approval of the Supervisor.
Patrick Canteras, CEO of Global Real Estate Properties at APG: "As a pension investor, we are constantly looking for attractive infrastructure investments around the world that help us realize a long-term stable return for ABP and other pension funds and clients we work for."
"This investment at Brussels Airport, called ABP, is at the heart of our strategy as it is an attractive opportunity to reach a quality, flexible infrastructure with promising long-term growth potential. Together with our partners, we are pleased to work alongside the existing shareholders of Brussels Airport Ontario teacher's pension plan and SFPI / FPIM in the long run. "
Ross IsraelHead of global infrastructure, QIC, said: "I am pleased that our team has managed to acquire a quality core infrastructure asset from investors in QIC's global infrastructure fund, standing institutional partners."
"This addition to our portfolio provides our customers with an important geographic and racial diversity and given its strategic nature, strong frontal protection through market cycles, and is also in line with our strategy to use active management to build long-term value for our customers."
Brussels Airport – Of Belgium The largest – is the eternal airport located in the political capital of Europe, Host the European Union and NATO Headquarters, a high-performance airport supported by a transparent and stable regulatory regime.
About Brussels Airport:
Brussels Airport – Of Belgium The largest – is the eternal airport located in the political capital of Europe, To host the European Union and NATO headquarters. Brussels The airport served over 211 passenger destinations and 25 million passengers in 2018. The Brussels airport is located just 12 kilometers northeast of Brussels The city center, in the heart of one of the most stable and economically stable areas on the continent Europe. The area of harvest extends over five countries (Belgium, Netherlands, France, Luxembourg and Germany).
On the APG
APG is the largest pension organization Netherlands; Its 3,000 employees provide business consulting, asset management, pension management, pension communications and services to employers. APG implements these services for pension funds and employers in education, government, building, cleaning and cleaning windows, housing associations, energy companies and companies, protected employment organizations and medical experts. Starting from 31 January 2019, APG manages approximately 482 million euros (545 billion dollars) In pension assets to pension funds in these sectors. APG works for about 21,000 employers, providing one pension from every five families Netherlands (About 4.5 million participants). APG has offices Amsterdam, Heerlen, Brussels, New York and Hong Kong.
Since 2004, APG has been investing as an active infrastructure investor, investing € 12.0 billion and managing 32 direct shares in its portfolio companies. APG's investments include assets in energy and services, communications and transport infrastructure. APG's global infrastructure team includes 32 investment professionals.
For more information, visit www.apg.nl.
QIC is a leading specialist long-term manager in alternatives offering infrastructure, real estate, private equity, liquidity strategies and multi-asset investments, one of the largest institutional investment managers Australia, With $ 60.3 billion ($ 85.7 billion) In managed funds. QIC has over 1000 employees and serves more than 115 customers. Head Office Brisbane, Australia, QIC also has offices Sydney, Melbourne, New York, Los Angeles, Cleveland, San Francisco, London and Copenhagen.
QIC is a long-term infrastructure investor with a well-established global platform, an active management approach and 12 years of proven experience. QIC's global infrastructure team consists of 40 employees worldwide, with recent expansions in the UK and US offices December 31,, QIC Global Infrastructure manages $ 7.78 billion (11.06 billion dollars) Over 13 direct investments worldwide, and understood more 5.32 billion dollars (7.2 billion dollars) Of investments for its customers. The average investment strategy in the segment affects the risk between sector value chains that identify relative value for investment. This motivates a focused approach, allowing the firm to build diversified investment portfolios for its clients while protecting their capital. Since 2006, this investment strategy has returned a strong overall return for its customers.
For more information, visit: www.qic.com.