Investor Group Led by QIC Pays $7.3 Billion for Port of Melbourne

Posted on 09/19/2016


The Port of Melbourne is Australia’s largest container port, handling approximately 2.6 million containers annually, according to its website. QIC led a group of investors, named the Lonsdale Consortium, to acquire a 50-year lease to operate the Port of Melbourne for A$ 9.7 billion (US$ 7.3 billion). The investor group includes QIC, Australia’s Future Fund, […]