10th Nov 2014 08:02
LONDON (Alliance News) - International Public Partnerships Ltd Monday said its portfolio of 112 public infrastructure investments continues to perform fully in line with expectations and it expects its net asset value to grow compared with its last report on June 30.
In a statement, the public infrastructure projects investor said net asset value growth is being driven by organic growth in value of the portfolio, including through recent acquisitions, continued growth in valuations and macro economic factors including movements in government bond yields.
"In addition, an attractive pipeline of new opportunities that the company anticipates will come to fruition in 2015 and later is being worked on in countries including the UK, Ireland, Belgium, Holland, Canada, Australia and New Zealand," it said.
By Steve McGrath; [email protected]; @stevemcgrath1
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