Auckland council looking for airport sell-down advisers

Auckland council looking for airport sell-down advisers
Auckland council is looking for advisers to assist with its potential sell-down of Auckland airport shares. (Image: Unsplash)
Oliver Lewis
Auckland council is looking for advisers to assist it with the potential sell-down of its $2.2 billion stake in Auckland International Airport (AIA).Auckland's mayor, Wayne Brown, proposed selling all or part of the 18.09% shareholding the council holds in the airport in response to budget pressures.Councillors voted last December to send his budget proposals for the 2023/24 annual plan out for public consultation. During the meeting, Brown speculated Auckland Airport would inevitably undertake a capital raise to fund new infrastructur...

More Infrastructure

Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Oliver Lewis 17 Sep 2025
The 'little thing' Infratil brings to its investments
Infrastructure

The 'little thing' Infratil brings to its investments

CEOs may not like it, but the returns are undeniable.

Auckland housing project withdrawn from fast-track
Policy

Auckland housing project withdrawn from fast-track

The developer plans to lodge a fresh application after draft decline.

Oliver Lewis 16 Sep 2025
150 years of infrastructure spending going ‘boom’
Infrastructure

150 years of infrastructure spending going ‘boom’

We actually spend a lot more on infrastructure than you might think.