APG-QIC consortium has signed an agreement to acquire a 36% stake in Brussels Airport. Credit: Lucash.

Dutch pension investor APG has collaborated with alternatives fund manager QIC to sign an agreement to purchase a 36% interest in Brussels Airport in Belgium.

The consortium is jointly led by APG-QIC and also includes Swiss Life.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

APG and QIC will own a 16.8% stake each in Belgium’s capital city gateway upon completion of the acquisition.

APG global real assets managing director Patrick Kanters said: “As a pension investor, we are continuously looking for attractive infrastructure investments worldwide that help us realise stable and long-term returns for ABP and other pension fund clients we work for.

“This investment in Brussels Airport, on behalf of ABP, fits the core of our strategy as it represents an attractive opportunity to gain access to high quality, resilient infrastructure.”

“This investment in Brussels Airport, on behalf of ABP, fits the core of our strategy as it represents an attractive opportunity to gain access to high quality, resilient infrastructure with promising long-term growth potential.

“Together with our partners, we are excited to be working alongside existing Brussels Airport shareholders Ontario Teacher’s Pension Plan and SFPI/FPIM over the long term.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

QIC global infrastructure head Ross Israel said: “I’m delighted that our team has been successful in their bid to secure a high-quality core infrastructure asset on behalf of investors in the QIC Global Infrastructure Fund and for one of our long-standing institutional partners.

“This addition to our portfolio provides our clients with important geographic and sector diversification and given its strategic nature, strong downside protection through market cycles.

“It also directly aligns with our strategy to use active management to build long-term value for our clients.”

Subject to regulatory approval, the transaction is expected to be completed over the coming months.

Located 12km from Brussels city centre, Brussels Airport connects more than 211 destinations and welcomed 25 million travellers in 2018.