An article in I&PE Real Estate asks what characteristics will come to define ‘infrastructure’ investment given the shortage of assets for the class and the granting in April by the New South Wales state government of a 35-year lease to operate its land titles registry to a consortium including First State Super and Hastings Funds Management for AUD2.6 billion (US$2.1bn).
The video segment of an article in the Sydney Morning Herald questioning the deal, from another perspective, is also worth attention.
Should a service which the public is obliged by law to use and pay for (and in the NSW case already works efficiently) be run for private gain?
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