Indiana Toll Road

Critical transport infrastructure links major east coast cities with Indiana, the City of Chicago, and western United States

157-mile, divided highway

spans northern Indiana from its border with Ohio to the Illinois state line near Chicago

More than 28,000

average daily full-length equivalent trips

More than US$250 million being invested

to modernise facilities and improve safety – new travel plazas, improving bridges and restoring pavements, creating more than 300 jobs

Location

North America

Acquired in

2015

Southern Cross Station

Melbourne’s premier transport interchange of metropolitan, regional and interstate trains, buses, trams, hire cars and taxis.

More than one million travellers every week

servicing 23 metropolitan rail routes to 218 stations

A$23 million redevelopment has enhanced retail offering

and delivered a 25% increase in the retail area

Station patronage is forecast to reach 78 million

per annum by 2021

Location

Australia

Acquired in

2003

NSW Ports

Port Botany and Port Kembla are essential port assets that serve as the primary import and export gateways to New South Wales, Australia’s largest economy.

Collectively contributes ~A$4 billion per annum

to the economy

Supports over 26,000 jobs

Port Botany currently handles 99%

of New South Wales’ container demand

Location

Australia

Acquired in

2013

Manchester Airports Group

Leading airports group in the United Kingdom

More than 51 million passengers per annum

across four airports – Manchester, London Stansted, East Midlands and Bournemouth

Since 2013, London Stansted has been one of the fastest growing airports

in the UK with passenger numbers increasing from ~17.5 million per annum to ~23.2 million

£80 million capital expenditure programme

and new airline contracts have contributed to significant growth at London Stansted

Location

UK/Europe

Acquired in

2013

Brisbane Airport

Third largest Australian airport by passenger numbers.

A$1.35 billion new parallel runway project underway

with forecast 2,700 jobs to be created during construction

New parallel runway will deliver a regional economic benefit

of around A$5 billion per annum by 2035

A$45 million invested

in international terminal redevelopment

Location

Australia

Acquired in

1997

Conmex

69-mile toll road in the north-east metropolitan area of Mexico City, linking the main access roads to the capital and the most densely populated areas of the Valley of Mexico

Operates 29 toll plazas

services more than 100 million vehicles per annum

Invested in measures to better detect accident concentration areas

improve road conditions and signage, and provide live reporting of major incidents

User accidents and employee injuries decreased 35%

and 20% respectively during 2015

Location

North America

Acquired in

2015

Responsible investment highlights

NT Airports

Innovative investment in solar energy

As a pioneer in the field of investing in infrastructure, IFM Investors has always sought to deliver market leadership in the way that we manage our infrastructure investments. We have a strong track record of investing in infrastructure that delivers substantial benefits to communities and the economy.

An illustration of this approach is the on-airport solar projects at NT Airports, which encompasses Darwin and Alice Springs airports. These airports are critical domestic and international connection points for Northern Australia that bring tangible benefits to their local communities and regional economies. 

solar panels

At Alice Springs Airport, we invested $6.1 million in large scale photovoltaic solar technology feeding to its internal electricity grid – the first Australian airport to reap the benefits of investing in solar energy. By installing more than 3,500 solar panels, many on top of upgraded car parking facilities, we provided a renewable energy solution and more sheltered carparks. The airport now generates up to 100% of its daily energy needs from the sun. The Australian Airports Association recognised this solar project by awarding Alice Springs Airport the ‘Major Airport of the Year Award’ in 2014.

Similarly at Darwin International Airport, we funded a $13 million solar photovoltaic development. The 5.5-megawatt project is one of the largest systems in Australia. Upon completion, more than 20,000 solar panels will generate savings of approximately 35% of the airport’s total electricity cost.

When both projects are combined, more than 8,000 tonnes of carbon emissions per annum will be eliminated.

These are excellent examples of enhancing environmental outcomes, offsetting carbon emissions and delivering cost savings to increase the long-term value of the airport and improve the customer experience.


toll road

Indiana Toll Road

Spotlight on safety

IFM Investors is committed to managing and developing all of our infrastructure assets in a safe, secure, efficient and environmentally responsible manner. This is exemplified by Indiana Toll Road (ITR), which, prior to IFM Investors ownership, had very little investment in safety since its construction in 1956. Since our acquisition in 2015, safety has been a key focus of both IFM Investors and ITR management. All employees have attended an additional safety training session and have received a high visibility safety jacket to emphasise safety as a core consideration.

In addition, ITR management has created a Safety First Plan, which is a three year strategy to reduce the amount and severity of injuries and incidents, and to better promote a workplace that has a strong awareness and accountability culture. The plan defines high-level priorities for ITR’s safety stakeholders and creates short, medium and long-term goals for safety achievement.

As part of this emphasis on safety, all staff are now required to complete one safety training module per month. The focus has resulted in an increase in the reporting of near miss incidents, indicating strong employee buy-in.

Further, an intelligent transportation system will be rolled out from 2016 with the goal of improving traffic management capabilities and increasing safety for both customers and staff. This will incorporate variable message signs to inform users of changes in driving conditions and hazards such as accidents and road works.