INTERPOLIS PENSIOENEN ACQUIRES STAKE IN PARKING COMPANY Q-PARK
Maastricht, 7 May 2003. Interpolis Pensioenen has acquired a stake of more than 5% in Maastricht parking company Q-Park on behalf of the retail, grocers and housing pension funds. In doing so, Interpolis Pensioenen joins Stichting Pensioenfonds ABP, ING Real Estate, RUPA, REAAL Levensverzekeringen, Stichting TPG KPN Pensioen Real Estate Fonds, Grontmij, Delta Lloyd and BHF-BANK as Q-Park shareholders.
Q-Park is one of the top five companies in the European parking sector and owns, operates and manages car parks in Belgium, France, Germany, Ireland, the Netherlands and the UK. Q-Park has grown rapidly in recent years and now has a leading position in the European parking market. At the end of 2002 it had approximately 1200 employees and over 152,000 parking spaces in the various countries in which it operates. The stake acquired by the three pension funds is part of a strategy of portfolio diversification and involves a sum of over 25 million euros, with a new block of shares set to be issued. The Q-Park group has experienced steady growth in the European market, and its corporate philosophy, strategy and forecast mid- to long-term returns mean that it is a logical investment in the current economic situation.
Q-Park n.v.’s policy is based on customer service, with the emphasis being on speed, convenience and safety. The company’s core business is parking and mobility concepts. Among its clients are government authorities, property developers and private firms. Q-Park’s parking facilities and associated services are tailored to meet the needs of the market and customers.
For more information:
Q-Park n.v.: E.J.M. Vleugels. Tel.: +31 43 329 71 71
Interpolis Pensioenen: J.N. Karstanje. Tel.: +31 79 363 65 05.
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