Largest single shareholder plans to sell stake in Brussels Airport

The Canadian pension fund OTPP plans to sell its shares in European airports, the British newspaper The Times reports, citing anonymous sources. OTPP is the largest single shareholder in Brussels Airport.

According to The Times, the OTPP, one of the largest pension funds in the world, has decided to take advantage of the recovery in air transport following the coronavirus pandemic by selling its portfolio of European airports, estimated to be worth more than 12 billion euros. 

In addition to Brussels, it has a stake in three UK airports – London City, Birmingham and Bristol – as well as Copenhagen in Denmark. Their holdings range from 25-70 per cent.

It is the largest single shareholder in Brussels Airport, based in Zaventem, Flemish Brabant. The Belgian state owns 25 per cent and the Flemish government holds a very small indirect stake. 

The airport experienced its busiest day since the start of the pandemic in July 2024, with approximately 88,000 passengers.

^{#FlandersNewsService | The main hall of Brussels Airport © BELGA PHOTO HATIM KAGHAT}

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