News Listings for Hobart International Airport

  • Australia's Hobart airport being sold to Macquarie and others

    News | 13 Dec 2007 06:49 | Leithen Francis

    <P>Tasmania’s state government is selling the state’s number one airport to a consortium that includes Australia’s Macquarie Group and the state government’s public sector superannuation fund.</P> <P>Tasmanian Gateway Consortium says in a statement it has signed an agreement with Tasmanian Ports Corporation to buy Hobart International Airport for A$350.5 million ($309 million). Tasmanian Ports is the state government body responsible for the airport and the state’s sea ports.</P> <P>The consortium says once it takes over the airport it is looking to expand the terminal and add more retail space.</P> <P>Those in the consortium are: Macquarie Global Infrastructure Fund III, Macquarie Capital Group and the Retirement Benefits Fund Board (RBFB).</P> <P>RBFB is the state government’s superannuation fund for its public sector employees.</P> <P>Macquarie Group says in a separate statement Macquarie has a 20% stake in the consortium. </P> <P>Hobart is the main airport on Australia’s sout