Insights

Resilient recovery: Queensland Airports Limited

For Australian financial advisers and wholesale clients (as defined in section 761G of the Corporations Act) only – not for distribution to retail investors. The Macquarie Private Infrastructure Fund is only open to investment by Australian wholesale clients.

November 29, 2024

 

Queensland Airports Limited (QAL), comprises four airports - Gold Coast, Townsville, Mount Isa, and Longreach, serving over 40 domestic and international routes, with nearly 66,700 annual aircraft movements.

Despite the challenges posed by COVID-19, which saw passenger numbers plummet, QAL successfully navigated through a generational investment program, largely at Gold Coast Airport. These strategic investments positioned the airports for a robust recovery, achieving record passenger numbers post-pandemic.

In September 2024, Macquarie Asset Management announced the sale of its stake in QAL, marking a well-timed exit that underscored the importance of strategic asset management.

Hear from Amanda McMillan, Senior Managing Director and discover how Macquarie Asset Management’s expertise and resilience have set QAL up for future success.

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The sale is subject to customary closing conditions, including regulatory approvals, and is expected to reach financial close over the next 6 months.

This information has been prepared by Macquarie Specialist Investment Management Limited (ABN 84 086 438 995 AFSL 229916) the issuer of units in the Fund(s) referred to above. The Fund(s) referred to above is only open to investment by wholesale clients (as defined in section 761G of the Corporations Act). The Fund(s) is not offered in the United States or to any US Persons. The information on this page is general information only and does not take account of the investment objectives, financial situation or needs of any person. It should not be relied upon in determining whether to invest in the Fund. In deciding whether to acquire or continue to hold an investment in the Fund(s), an investor should consider the Fund's information memorandum. The information memorandum is available by contacting us on 1800 814 523. This information is intended for recipients in Australia only.

Nothing in this document constitutes a recommendation to buy, sell or hold any financial product, security or instrument.

 

Future results are impossible to predict. This document contains opinions, conclusions, estimates and other forward-looking statements which are, by their very nature, subject to various risks and uncertainties. Actual events or results may differ materially, positively or negatively, from those reflected or contemplated in such forward-looking statements.

 

Past performance information shown herein, is not a reliable indicator of future performance. No representation or warranty, express or implied, is made as to the suitability, accuracy, currency or completeness of the information, opinions and conclusions contained in this document. In preparing this document, reliance has been placed, without independent verification, on the accuracy and completeness of information available from external sources. To the maximum extent permitted by law, no member of the Macquarie Group nor its directors, employees or agents accept any liability for any loss arising from the use of this document, its contents or otherwise arising in connection with it.