Announced

Completed

Northleaf, TINC and Hedera completed the acquisition of a minority stake in Interparking from AG Real Estate.

Synopsis

Northleaf, TINC and Hedera, investment companies, completed the acquisition of a minority stake in Interparking, a provider of parking solutions, from AG Real Estate, an integrated property operator. “Interparking is an excellent fit with Northleaf’s infrastructure investment strategy and complements our broader portfolio of high-quality, mid-market infrastructure assets in select OECD countries. This investment provides our investors exposure to stable, predictable cash flows in an attractive sector. We are pleased to expand our presence in the transportation sector in Europe and to support Interparking and its leading pan-European portfolio,” Roderick Gadsby, Northleaf Managing Director & Head of European Infrastructure.

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