15th May 2014 13:16
LONDON (Alliance News) - International Public Partnerships Ltd Thursday said its portfolio of 115 public infrastructure investments continues to perform in line with expectations, while it has made three additional investments during 2014.
In an interim management statement for 2014 to date, the infrastructure investment company said it is targeting around GBP200 million of further investments this year. So far the company has made investments worth GBP17 million in 2014.
However, International Public Partnerships said new investments have remained low during the period as the company has continued to be very selective, only progressing the acquisition of assets that it believes "have a clear benefit to the portfolio."
International Public Partnerships shares were quoted down 0.7% at 129.2.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
International Public Partnerships