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
Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum.
Institutional investors have entered November with their largest pre-election equity allocation in two decades, according to new data.
The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update.
Australia is becoming increasingly recognised as an attractive investment opportunity against global counterparts, recent analysis has found.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
