Macquarie completes sale of Brussels Airport stake

Two investment funds held by infrastructure investor Macquarie have divested a 36% stake in Brussels Airport to a consortium formed by Dutch pension fund APG, Australian investor Queensland Investment Corp. and insurance company Swiss Life. Brussels Airport said the deal was officially completed Dec. 4, building on an agreement that was originally announced in March, with planned closure by year-end 2019. The two Macquarie investing funds—MEIF1 and MEIF3—had reached the end of their 15-year investment term. “On Dec. 4, the sale of the stake held by the two Macquarie investment funds in Brussels Airport to a consortium formed by APG, QIC and Swiss Life was finalized. This [past] Friday [Dec. 6], a fourth shareholder, Sky Holding Belgium Fund, managed by the investment company PMV, has joined the consortium,” Brussels Airport said.<br/>