Macquarie sells NCP to Japanese consortium

Macquarie European Infrastructure Fund II reaches agreement to sell its holding in National Car Parks to Park24

NCP operates over 150,000 spaces in over 500 sites in town centres, at railway stations and airports across the UK (Avant Commercial)

NCP operates over 150,000 spaces in over 500 sites in town centres, at railway stations and airports across the UK (Avant Commercial)

Australian investment bank Macquarie is selling UK parking operator National Car Parks (NCP) to a Japanese consortium. Macquarie European Infrastructure Fund II (MEIF2) is to sell its 100% interest in NCP to a consortium comprising Park24, a listed Japanese strategic buyer and Development Bank of Japan (DBJ), a government-owned financial institution. 

The value of the deal has not been disclosed. MEIF2, which acquired NCP in 2007, said it is divesting itself of the parking company because...

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