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Macquarie, pension funds to sell 74% co-owned stake in Queensland Airports to KKR consortium
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Macquarie, pension funds to sell 74% co-owned stake in Queensland Airports to KKR consortium
Sep 25, 2024 11:12 PM

Sept 26 (Reuters) - Macquarie said on Thursday

its infrastructure fund and other pension funds will sell a

co-owned 74.25% combined stake in Queensland Airports Ltd to a

consortium comprising global investment firm KKR and

Skip Essential Infrastructure Fund.

The Infrastructure Fund, managed by Macquarie Asset

Management, and pension funds State Super and Australian

Retirement Trust, will sell their combined stake in Queensland

Airports which comprises Gold Coast, Townsville, Mount Isa and

Longreach airports.

Macquarie did not disclose any financial details of the

sale. It declined to comment when asked about the details of the

deal.

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