John Laing Infrastructure Fund Ltd (JLIF.L) or JLIF Monday said it has completed the acquisition of two further assets from John Laing, for a combined consideration of 21.6 million pounds.
The assets comprise a 50 percent stake in Surrey Street Lighting project, and 80 percent stake in the Kirklees Social Housing project.
According to the firm, these acquisitions will take the number of stakes in street lighting assets owned by JLIF to eight and the number of stakes owned in regeneration and social housing assets also to eight.
Overall, JLIF's total number of assets will increase to 56 with the total value of assets acquired from John Laing and the John Laing Pension Trust in 2014 totaling about 61 million pounds.
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