11th Oct 2012 10:23
11 October 2012
John Laing Infrastructure Fund Limited (the "Company" or "JLIF")
JLIF announces completed acquisition
Following its successful capital raise of £60.4 million 6 days ago, JLIF today announces the completed acquisition of a 40% shareholding in Kromhout Barracks (Netherlands), valued at €24.2 million. This is as outlined in the prospectus issued on 7th September 2012.
This acquisition takes the number of assets in the JLIF portfolio to 36.
David Marshall from John Laing Capital Management, Fund Manager to JLIF, said:"We are delighted to announce this acquisition so shortly after the recent capital raise. This asset is of high quality and further diversifies JLIF's portfolio in the PPP accommodation sector. We anticipate the acquisition of the remaining two assets in this portfolio from John Laing, Forth Valley and Pembury Hospital, to complete in the near future. JLCM continues to actively seek new opportunities for acquisition."
Contacts:
JLIF Investment Adviser Tel: 020 7901 3326
David Marshall
Andrew Charlesworth
RLM Finsbury Tel: 020 7251 3801
Faeth Birch
Philip Walters
Related Shares:
John Laing Infrastructure Fund