22nd Jan 2015 07:56
LONDON (Alliance News) - John Laing Infrastructure Fund Ltd on Thursday said it has completed a deal to buy the remaining 20% it does not already own of the Kirklees Social Housing project.
John Laing did not provide any financial details on the acquisition.
"Today's announcement further demonstrates JLIF's focus on creating value for investors, through opportunities in acquiring additional stakes in projects following the initial investment. As we noted back in December, this asset is low risk and fully operational, in line with our investment criteria," said Andrew Charlesworth of John Laing Capital Management, the fund's investment adviser.
By Sam Unsted; [email protected]; @SamUAtAlliance
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