Street Talk

Brisbane Airport investor in departure lounge; MacCap snares mandate

Sarah Thompson, Kanika Sood and Emma Rapaport

Jun 27, 2023 – 6.59pm

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There may soon be movement on the register of the tightly held Brisbane Airport Corporation, with one of the company’s six shareholders bringing in Macquarie Capital bankers to help offload its stake.

Along with the two other major East Coast airports in Sydney and Melbourne, Brisbane has seen a significant rebound in traveller numbers out of the COVID-19 pandemic. It reported that 1.77 million passengers passed through its gates in March, 90 per cent of pre-pandemic levels and slightly up from the prior post-pandemic peak in January.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.