A diversified and growing portfolio

Location:   Australia  -   North America  -   Europe

 

 

 

Port of Brisbane

Seaport — Acquired in 2010

Port of Brisbane is managed and developed by Port of Brisbane Pty Ltd under a 99-year lease from the Queensland Government. The port is located 25 km from Brisbane CBD at the mouth of the Brisbane River; it is Australia’s fastest growing container port, and Queensland’s largest general cargo port.
www.portbris.com.au

Brisbane Airport

Airport — Acquired in 1997

Brisbane Airport services domestic, regional and international passengers under a 50-year lease from the Australian Federal Government from 1997, with an option to extend for a further 49 years. Brisbane Airport is the third largest Australian airport by passengers, with 21.0 million passengers in FY2012. Brisbane Airport was named Best Regional Airport in Australia/Pacific in the prestigious 2012 Skytrax World Airline Awards.
www.bne.com.au

 

Axiom Education

School buildings — Acquired in 2003

Axiom Education owns nine schools in NSW acquired under a PPP model for a concession term of 30 years to 2035. Its primary income stream is from the concession arrangement with the NSW State Government, through the Department of Education and Training.

Eastern Distributor M1

Toll roads — Acquired in 2000

Eastern Distributor, M1 is a 6 km toll road forming a key link in Sydney’s orbital road network, linking north Sydney via the Sydney Harbour Tunnel and Sydney Harbour Bridge, and Sydney’s CBD with Sydney Airport and the city’s southern suburbs. The M1 benefits from a 48 year concession to 2048.
www.easterndistributor.com

Wyuna Water

Water treatment — Acquired in 2003

Wyuna Water operates two water filtration plants in Illawarra and Woronora, NSW for 25 years to 2023. The plants provide water to more than 500,000 people on behalf of Sydney Water Corporation and have a combined treatment capacity of 370 ML/day.

Praeco Pty Ltd

Defence HQ — Acquired in 2008

Praeco Pty Ltd owns, operates and maintains the purpose-built Defence Headquarters Joint Operations Command in Bungendore, NSW. The facility operates under a 30 year concession from the Australian Federal Government to 2028. Its primary income stream is a monthly services payment received from the Department of Defence.
www.praeco.com.au

Melbourne Airport

Airport — Acquired in 1997

Melbourne Airport and Launceston Airport are operated by Australia Pacific Airports Corporation (APAC) under a 50-year long-term lease from the Federal Government from 1997, with an option to extend for a further 49 years. Melbourne Airport is the second largest Australian airport by passengers, with 28.2 million passengers in FY2012, serving as the gateway to the state of Victoria, which has 25% of the Australian population and contributes 23% of the national GDP.
www.melbourneairport.com.au

Southern Cross Station

Railway station — Acquired in 2003

Southern Cross Station is Melbourne’s only true transport interchange allowing the interaction of metropolitan trains, regional and interstate trains, buses, coaches, taxis and trams. Approximately 42 million passengers used the facility in FY2012. The station is owned, operated and maintained under a 30 year concession to 2036 from the Victorian State Government. The Southern Cross Station precinct was recently redeveloped, better catering for patron need and convenience, and improving the retail offering by attracting quality tenants.
www.southerncrossstation.net.au

Ecogen Energy

Electricity generation — Acquired in 2003

Ecogen Energy operates two electricity generators Newport Power Station, located 6 km south-west of Melbourne, and the Jeeralang Power Station, located 6 km south of Morwell in the Latrobe Valley. Newport and Jeeralang have the capacity to generate 980 MW of power and over 95% of Ecogen’s forecast revenue is secured by a long-term electricity Master Hedge Agreement with EnergyAustralia.

Pacific Hydro

Renewable electricity generation — Acquired in 1996

Pacific Hydro is a leading independent developer, owner and operator of renewable wind and hydro energy projects. The company operates in Australia, Chile and Brazil with a capacity in operation or the final stages of construction of 702 MW and over 2,200 MW of development projects.
www.pacifichydro.com.au

Adelaide Airport

Airport — Acquired in 2002

Adelaide Airport is operated under a 50-year lease from the Australian Federal Government from 1998, with an option to extend for a further 49 years. Adelaide Airport is the only international and major domestic airport in South Australia, with 7.7 million passengers passing through the airport in FY2012. Adelaide Airport serves as the gateway to Adelaide, which has experienced strong industrial growth in manufacturing, services, mining, education and agriculture.
www.adelaideairport.com.au


Perth Airport

Airport — Acquired in 1997

Perth Airport is operated by Westralia Airport Corporation under a 50-year lease from the Australian Federal Government from 1997, with an option to extend for a further 49 years. Strategically located close to South East Asia, Europe and Africa, Perth Airport is Australia’s fourth largest airport by passenger numbers, with 12.6 million passengers in FY2012.
www.perthairport.com.au

Western Liberty

Law courts — Acquired in 2006

Western Liberty Group operates and maintains the Perth CBD Law Courts in Western Australia. The project is a state-of-the-art District Court complex in Perth’s CBD, opened in June 2008. The PPP concession with the Western Australian State Government runs for a period of 24 years.
www.wlg.com.au

Interlink Roads

Toll roads — Acquired in 1998

Interlink Roads holds a 33-year concession of the M5 toll road to 2026. The M5 is a 21 km motorway which forms an integral part of Sydney’s orbital road network, servicing a population of 1.5 million people from Campbelltown to the Sydney CBD and providing a key transport route to Sydney Airport and Port Botany. The M5 is currently undergoing a widening which will ease congestion and provide for Sydney’s future economic growth.
www.m5motorway.com.au

Mercy Health

Aged care facilities — Acquired in 2006

Mercy Health is the lessee and operator of the Mercy Place Colac residential aged care facility. IFM acquired the facility through two separate sale and leaseback arrangements in 2006 and 2008 that extend to 2031. The facility comprises 107 beds.
www.mercy.com.au

NT Airports

Airports — Acquired in 2001

Darwin International Airport, Alice Springs Airport, and the Tennant Creek Airport are operated by Airport Development Group (ADG) under a 50-year lease obtained from the Australian Federal Government in 1998. Darwin Airport in particular, continues to experience significant growth in passenger numbers, driven by proximity with the fast-growing Asian economies, growth in the low cost airline segment, and the strength of the mining sector in Northern Territory. In FY2012, 2.8 million passengers passed through ADG airports.
www.ntairports.com.au

 

Statewide Roads

Toll roads — Acquired in 1998

Statewide Roads owns a 25-year concession to lease, operate and maintain two service centres along the M4 Motorway.

 

NSW Rent Buy

Public Housing — Acquired in 1991

NSW Rent Buy Scheme was an initiative funded by the NSW Department of Housing shared equity programme which allows low income-earners to become home owners by purchasing a share in their home, and renting the rest from NSW Rent Buy Pty Ltd.