Fraport USA wins contract to manage concession programme at Nashville Airport
Metropolitan Nashville Airport Authority (MNAA) awarded Fraport USA a 10 year contract to manage Nashville International Airport's concession programme. The contract includes the design, construction, lease and management of approximately 69,000sqft of concessions space. Fraport will lease space to local business owners who will independently manage restaurants and shops.
The new concessions model will feature street pricing, meaning airport concessions will feature pricing equivalent to similar locations outside the airport. Leasing and construction is scheduled to commence on 01-Feb-2019, with an anticipation of new restaurants and retail shops opening later in 2019.
Country updates
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August 13, 2018
Ramky Enviro Engineers agrees to sell a 60% stake to KKR
Global investment firm KKR and Ramky Enviro Engineers Limited (REEL) have announced the signing of a definitive agreement under which KKR will acquire a 60% stake in REEL for appro...
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August 13, 2018
Pinnacle to launch infrastructure fund in Australia for BNY Mellon
Pinnacle has partnered with BNY Mellon Investment Management to launch a global listed infrastructure yield fund. The fund will give Australian investors access to a domestic version of BNY Mello...
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August 10, 2018
Infrastructure and Energy Alternatives agrees to acquire Saiia and ACC Companies
Infrastructure and Energy Alternatives (IEA) has announced an agreement to acquire Saiia and the ACC Companies in an all-cash transaction for US$145 million (subject to customary adjustments...
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August 10, 2018
Private partner sought to deliver smart street lighting in Florida town
The Town of Longboat Key, located on the central-west coast of Florida, has issued a Request for Proposals (RFP) for the delivery of high-tech, connected smart street light, and smart poles to the str...
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August 07, 2018
Advisors set timetable for airport privatisation in St Louis
Representatives of the city government, the airport commission and a team of advisors have drafted an 18-month schedule for the implementation of a public-private partnership (P3) to operate St....
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