Australia Sold the Port of Melbourne Lease to a Consortium Including Foreign Investors
Publication Date:
Sep 19, 2016
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On 19 September 2016, the Government of Victoria formally designated the Lonsdale Consortium as the leaseholder for the Port of Melbourne.
As the nation’s largest container and cargo port, the facility was leased for a 50-year term at a transaction value of AUD 9.7 billion.
The Lonsdale Consortium comprises a coalition of both domestic and international investment funds, supported by major institutional investors including Australia’s sovereign wealth fund, the Ontario Municipal Employees Retirement System of Canada, and the China Investment Corporation.
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