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Jones Lang LaSalle advises on £1,455 million acquisition of Gatwick Airport

Global Infrastructure Partnership (GIP), an independent $5.64 billion investment fund, announced today that it has reached an agreement with BAA Airports Limited to acquire London Gatwick Airport.  Jones Lang LaSalle acted on the property aspects of the acquisition.

Paul Spencer, director in Jones Lang LaSalle’s Development and Asset Strategy team who, together with a multi-disciplinary team from the firm, advised on the real estate component of the bid, said: “The appetite for infrastructure backed assets continues both in the UK and worldwide and this is an area where Jones Lang LaSalle levers global capability by having airport contacts in each region to pursue projects internationally.”