Daniel Kemp
Hobart International Airport is likely to be the penultimate asset acquired by the QIC Global Infrastructure Fund as it nears full deployment, says global infra head Ross Israel.
The group, which counts BlackRock, John Laing and Macquarie among its members, says that the current MLF regime can ‘materially impact’ investor returns in unforeseen ways.
Jonathan van Rooyen joins Infrastructure Partners Investment Fund, which added The Infrastructure Fund to its portfolio this year.
While some investors are showing an interest, not everyone is convinced that social housing qualifies as infrastructure.
The Australian fund manager will shortly begin a global search to replace Brett Himbury, who said it has been a ‘privilege’ to lead IFM for more than nine years.
The chief executives of Qantas and Virgin Australia have hit out at infrastructure investors in a joint appearance in Canberra, calling for greater government intervention in the sector.
The rebranding coincides with the sale of the Australian fund manager to Mitsubishi UFJ, which closed last month.
A shorter time frame to completion and the prospect of an extra payment to shareholders helped QIC edge out a rival bid of the same value from OPTrust and Infrastructure Capital.
The Brisbane-headquartered fund manager has acquired Sea Swift for a little under A$300 million in a move that diversifies away from core infrastructure in its Global Infrastructure Fund.
Committee for Sydney says the next set of projects has stalled and urges the state government to take action in order to avoid ‘a one-time infrastructure boom’.