Royal Schiphol and QIC consortium acquire majority stake in Hobart Airport

posted on 2nd October 2019 by Eddie Saunders
Royal Schiphol and QIC consortium acquire majority stake in Hobart Airport

QIC and Royal Schiphol Group have won the bid for a 70 per cent stake in Hobart International Airport in Australia, gaining them each a 35 per cent stake

Tasplan Super, the ‘profit-for-members super fund’, will remain a shareholder for the remaining 30 per cent

“Royal Schiphol Group will be an active partner in the development of the airport, bringing in our knowledge and expertise on operations, innovation and commercial aspects where required,” stated Royal Schiphol Group’s CEO, Dick Benschop.

Hobart International Airport (HIA) is the largest airport on Tasmania and the ninth busiest (and most southern) airport in Australia, currently handling 2.7 million passengers per year.

“HIA is a high-quality, core infrastructure asset and one of Australia’s fastest-growing airports, with Tasmania registering more than 10 per cent annual growth in international visitors in the last five years.

“There is further visitor growth to come following the recent runway extension, with significant value to be unlocked from additional development of the airport’s non-aeronautical business, which includes retail, food and beverage, ground transport and property development.” Says Ross Israel, Head of Global Infrastructure, QIC

Schiphol and QIC are both already familiar with the Australian Market due to their successful participation in Brisbane Airport.