Ontario Teachers’ sells minority stake in Brussels Airport to TCorp and GPIF
Ontario Teachers’ Pension Plan (Ontario Teachers) has sold a minority interest of its indirect stake in Brussels Airport to each of TCorp and Japan Government Pension Investment Fund (GPIF) through a StepStone managed vehicle. Ontario Teachers' will remain the largest individual shareholder in Brussels Airport.
Ontario Teachers' is Canada's largest single-profession pension plan. TCorp is the financial services provider to the New South Wales public sector in Australia and GPIF manages and invests Japan’s pension reserve fund.
Ontario Teachers' is the largest private investor in airports in Europe, with holdings in five freehold airports: Copenhagen Airport, Brussels Airport, Bristol Airport, Birmingham Airport, and London City Airport. Ontario Teachers' has been an investor in Brussels Airport since 2011.
Country updates
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December 24, 2019
Arcus European Infrastructure Fund 1 sells 41.1% interest in Alpha Trains to APG
APG has acquired an indirect 41.1% interest in Alpha Trains, the leading passenger train and locomotive leasing company in Continental Europe, from Arcus European Infrastructure Fund 1 (AEIF1). Alpha...
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December 11, 2019
Macquarie closes sale of its stake in Brussels Airport
Macquarie investment funds have sold its stake in Brussels Airport to a consortium formed by APG, QIC and Swiss Life. The investment funds Macquarie European Infrastructure Fund 1 and 3 entered into...
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November 27, 2019
Tender launched for development of Soulier car park in Namur
APP CHR Sambre & Meuse in Belgium has launched tender notice seeking private developers for the Soulier car park project in Namur. Namur is the capital city of the Wallonia region of Belgium....
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October 25, 2019
ABP/APG to acquire CPPIB’s 39% stake in car park owner and operator Interparking
ABP through its pension investor APG is to acquire a 39% stake in Interparking, one of Europe’s largest car park owners and operators. APG will buy the stake from CPP Investment Board Europe S.&...
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October 25, 2019
Tender launched for Mixed use development project in Antwerp
The Gands in Belgium has launched tender for assisted living development in Antwerp. The project scope involves new construction and renovation of 34 assisted living apartments, a service center,...
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