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Sovereign Wealth Funds Briefing - Categorized | Market

GIC joins IFM, Borealis for Qld Motorways bid

Posted on 02 April 2014

Singapore’s sovereign wealth fund GIC has joined IFM and Borealis to form a new consortium that will bid next month for Queensland Motorways, a 62-kilometre network of tolled roads, bridges and infrastructure around Brisbane that may be worth about $4 billion.
Melbourne-based IFM and Austria’s Borealis were looking for a third party to join their consortium following the departure of Canada’s Ontario Teachers’ Pension Plan. The group is being advised by Rothschild……………………………..Full Article: Source


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