POWERED BY MOMENTUM MEDIA
Queensland Schools PPP finds funding
The AMP Capital Community Infrastructure Fund (CommIF) has expanded its social infrastructure concessions to eight following the acquisition of 49.99 per cent of the South East Queensland School Private Public Partnership (PPP) from the Commonwealth Bank of Australia.
The project has an enterprise value of over $250 million with a 26-year concession period and involves the construction of seven new schools for over 5790 students.
AMP Capital investment director Julie-Anne Mizzi said the investment allowed its clients to access stable, long-term CPI-linked cash flows underwritten by availability-based payments from the Queensland Government.
CommIF holds a portfolio of 24 schools in New South Wales, Queensland and South Australia under PPP arrangements.
“AMP Capital has an ongoing commitment to the Australian PPP market and CommIF is quickly becoming the partner of choice for secondary market social infrastructure assets in Australia and New Zealand,” Mizzi said.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
All merger proposals will have to be approved by the consumer watchdog under the sweeping merger reforms announced by the government on Wednesday.
More than two decades since Australian super funds first ventured into infrastructure, an investment services firm owned by industry funds says that the asset class is slowly breaking free of its “alternatives” identity.
In an address to the National Press Club last week, the incoming chair of Australia’s sovereign wealth fund said institutional investors could play a role in the winding road towards net zero.
The $75 billion fund has gained exposure to decarbonisation solutions in its first listed equities impact investment.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment