Home > Airports > China investors eye more airport deals in Europe

China investors eye more airport deals in Europe

03/10/2015| 10:09:30 PM| 中文

The Chinese investor seeking a stake in Toulouse Blagnac Airport in France wants more airport investments in Europe.

The Chinese investor seeking a stake in Toulouse Blagnac Airport in France wants more airport investments in Europe.

Friedmann Pacific Asset Management Chairman Mike Poon says the Hong Kong-based investment firm aims to invest in three to five airport projects overseas in the next three years, as a growing number of airports are put up for sale by cash-strapped governments in Europe and other markets.

Friedmann Pacific is part of a consortium with China’s state-owned Shandong Hi-Speed Group Corp. In December it was selected as a preferred bidder for a 49.99% stake in France’s No. 4 airport in Toulouse.

The 308 million euro (US$340 million) deal, which is expected to close in the first half, marks the first Chinese investment in a major overseas airport project. “Our goal is to turn [Toulouse Airport] into a Chinese tourist hub by introducing new routes to Chinese cities,” Poon says

Read original article

TAGS: Toulouse Blagnac Airport | Chinese | investment
©2016 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!