Strong investor interest in Port of Auckland lease

Strong investor interest in Port of Auckland lease
Auckland council is considering selling a lease to operate Port of Auckland for 30-40 years. (Image: POAL)
Oliver Lewis
A who’s who of global infrastructure investors and port operators weighed in on the prospect of leasing Port of Auckland, a newly released report shows.Last year, BusinessDesk revealed Auckland council had commissioned Australian consultants Flagstaff Consulting Group to carry out the work, which considered the benefits and drawbacks of retaining the status quo versus a lease option, whereby the council would retain ownership of the land and assets but lease the operations to a third-party for a multibillion-dollar fee.The report, which w...

More Infrastructure

Opening day congestion for untolled Penlink highway – NZTA
Infrastructure

Opening day congestion for untolled Penlink highway – NZTA

The road should be redesigned if the Government chooses not to toll, agency said.

Oliver Lewis 26 Jul 2024
Downtown car park building legal challenge 'resolved'
Infrastructure

Downtown car park building legal challenge 'resolved'

Society challenging the sale to Precinct raised 0.4% of its High Court funding target.

Oliver Lewis 25 Jul 2024
Govt to fight receivers over $30m Tui oil field tax credit
Infrastructure

Govt to fight receivers over $30m Tui oil field tax credit

Crown bid to have liquidators cover decommissioning costs is subject to approval.

Victoria Young 24 Jul 2024
Govt agrees 'in principle' to $10b worth of Northland roading PPPs
Infrastructure

Govt agrees 'in principle' to $10b worth of Northland roading PPPs

The Northland expressway project could be one of the first PPPs out of the gate.

Dileepa Fonseka 23 Jul 2024