ANTWERP — TINC, an infrastructure investor listed on Euronext Brussels, announced Friday a €100 million investment in Interparking, a leading European car park operator.
The investment follows a syndication by AG Insurance and AG Real Estate of an indirect minority stake to a consortium that includes TINC, the global infrastructure investor Northleaf Capital and Hedera, the Belgian public entity responsible for financing long-term nuclear obligations. The strategic infrastructure partnership Infravest BV is also part of the investment.
The three investors will become co-shareholders in a newly created company, AG Real Estate Car Park SA, which will group the Interparking stakes historically owned by AG Insurance and AG Real Estate. AG will retain majority ownership and exclusive control of the new company, which remains the majority shareholder of Interparking.
In a statement, TINC CEO Manu Vandenbulcke said the investment provides access to long-term cash flows in a sector key to the transition toward smart and sustainable mobility.
“With this investment in Interparking, complemented by our reference shareholder Infravest, we are seizing the opportunity to further increase our exposure to the sector,” Vandenbulcke said. “Interparking has demonstrated consistent growth under the stewardship of AG Insurance and AG Real Estate, and hence we are pleased to join a strong and supportive group of shareholders.”
TINC’s commitment to the deal is €50 million, which will be funded under its existing €200 million revolving credit facility. The company reported a net debt of €13.6 million as of Sept. 30, 2025.
Headquartered in Belgium, Interparking operates more than 2,000 car parks representing nearly 800,000 spaces across 16 European countries.
The transaction is expected to be completed in December 2025. Financial details were not disclosed.