Want to buy an airport?

According to OAG, the air route analysing company, New York based Global Infrastructure Partners (GIP) is in the mood to cash in one of its prime properties.

Edinburgh Airport was purchased by GIP in 2012 for £807.2m.  Its record year was 2019 with a passenger throughput of 14.7m making it the sixth busiest UK airport.  

Sky News also reports that GIP has hired HSBC and JP Morgan to oversee a sale of the Scottish airport it has owned for more than a decade.  An asking price of £2.5bn has been suggested.

Over the years GIP has invested heavily in British airports and is still a minor shareholder with Gatwick and a sale of Edinburgh might be a way of retreating from the British market.  It also has an interest in the Sydney Airport Corporation since 2022.

www.global-infra.com

www.edinburghairport.com

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