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)

Wed, 21 Feb 2024

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...

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