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+--- Thread: Ontario teachers’ fund to buy London Airport (/thread-29551.html)
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Ontario teachers’ fund to buy London Airport - Captain - 02-26-2016
Ontario teachers’ fund leads group to buy London City Airport for $2.8 billion
![[Image: MW-EG504_london_20160225172523_ZH.jpg?uu...15c588e0f6]](http://ei.marketwatch.com//Multimedia/2016/02/25/Photos/ZH/MW-EG504_london_20160225172523_ZH.jpg?uuid=aa01eb46-dc0e-11e5-9566-0015c588e0f6)
A consortium of bidders led by the Ontario Teachers’ Pension Plan is close to announcing it will buy London City Airport for more than £2 billion (about $2.8 billion), said people familiar with the matter.
The deal could be announced as early as Friday, the people added. In addition to the Canadian pension fund, the consortium includes: Borealis Infrastructure, as well as Alberta Investment Management Corp., a Canadian fund, and Kuwait Investment Authority’s Wren House Infrastructure Management.
London City Airport, popular with London’s financial community because of its proximity to the heart of the capital, is currently owned by Global Infrastructure Partners. News of the winning bid was first reported by The Financial Times.
The deal comes at a time when Canadians have steadily been buying up assets in London’s commercial-property market. The Canadian firm Brookfield Property Partners LP, along with Qatar’s state investment fund, won a bidding war for Songbird Estates PLC, Canary Wharf’s majority shareholder. Canadian investment firm Ivanhoe Cambridge last year bought the London office building that is home to UBS Group AG. In 2014, the group bought Stonecutter Court, a central London office building.
Re: Ontario teachers’ fund to buy London Airport - ketchim - 02-26-2016
Ontario Teachers Pension Fund is one of the wealthiest .
and that Ont. Municipal workers one as ell !
Re: Ontario teachers’ fund to buy London Airport - Nargis - 02-26-2016
say what now?
Re: Ontario teachers’ fund to buy London Airport - ketchim - 02-26-2016
Pension Funds Managers : lick their lips at getting these accounts !
OMERS and Teachers ...
Re: Ontario teachers’ fund to buy London Airport - Nargis - 02-26-2016
how does the ontario teachers plan have the funds to buy that airport?
Re: Ontario teachers’ fund to buy London Airport - ketchim - 02-26-2016
http://www.otpp.com/investments/asset-groups
Even though $150 million represents less than 0.1% of our total fund,
we choose it as a reporting threshold to give plan members and others
greater insight into the diversity of our asset base.
scroll down to the 6.8 Billion value
Re: Ontario teachers’ fund to buy London Airport - Captain - 02-26-2016
who they buying it from,,must check with maps on dat
why they not buying Canadian
Re: Ontario teachers’ fund to buy London Airport - ketchim - 02-27-2016
[quote author=Chin link=topic=102961.msg681078#msg681078 date=1456521966]
The teachers pension manages its own funds ...
[/quote]
stewwwpppsss...this woman continues to be an Idiot
Re: Ontario teachers’ fund to buy London Airport - ketchim - 02-27-2016
Jennyass Chin , stop trying to sound intelligent !
Cutting and paste crap is not the answer ....
try understanding portfolio management and which 3rd parties do it !
even though there are in house investment portfolio Managers... :
Re: Ontario teachers’ fund to buy London Airport - ketchim - 02-27-2016
Yeah , just like you worked for the Prime Minister in Ottawa.
hahahaha ....FYI , I met with the same Minister for WSIB Investment portfolio
that you trying to sound knowledgeable abouT
Trini women can rate LIE
