HOCHTIEF AirPort Capital (HTAC):
Partnership for the future.
HTAC is a closed private investment company for the purpose of investing in airports world-wide.
HTAC is also described as an investment partnership.
The growing aviation market offers great investment opportunities for private investors. In the
long-term investments in airports offer stable cash flows and attractive returns on investment (ROI).
Even following a crisis, airports return to their former growth pattern in a timely manner. But
the challenges involved are complex. Airports tie up large amounts of capital and a successful
management requires considerable operational know-how. This makes strong alliances imperative for all
those who seek to shape the future of this market.
In terms of their backgrounds and strategic interests, the HTAC partners ideally supplement one another.
As institutional investors, Caisse de dépôt et placement du Québec and Hastings Funds Management Ltd. have
the task of investing the capital entrusted to them as securely and profitably as possible. They both have
extensive experience in the financing of private infrastructure facilitiesAustralia and Canada were
pioneers in this sector. KfW IPEX-Bank GmbH represents a well established institution in the field of
infrastructure financing, investing in equity participations and providing long-term loans to infrastructure
projects worldwide.
The general partner HOCHTIEF AirPort is responsible for the active
administration of the investment partnership. Since the mid-90s, HOCHTIEF AirPort has carved out a position
for itself as one of the world's leading independent airport managers. In its capacity as the general partner,
HOCHTIEF AirPort places its experience in privatization procedures and the operational management of airports at
the disposal of HTAC.
By pooling these varied competencies, HTAC intends both to increase the asset value of its present shareholdings
and also to extend its portfolio. Together with HOCHTIEF AirPort, HTAC participates in bidding procedures for
airports, with the partners deciding jointly on the suitability of any specific project. The focus of interest
is primarily on facilities with more than five million passengers a year which offer the right prerequisites
for stable growth and good value enhancement.