Deal includes concessions at New York JFK, Los Angeles LAX, and Chicago ORD Airports Grupo Aeroportuario del Sureste, (ASUR) and Unibail-Rodamco-Westfield (URW) wholly-owned subsidiary Westfield Development, Inc have entered into a purchase agreement to acquire all of the issued and outstanding equity interest of URW Airports, LLC for an enterprise value of US$295 million. The acquired business manages select commercial […]
ASUR
ASUR receives first regulatory approval for Colombia airport acquisitions
Airport group ASUR, Grupo Aeroportuario del Sureste, S.A.B. de C.V, announced that it has received regulatory approval to consummate its acquisition of Airplan, S.A. Airplan has concessions to operate the airports in Colombia that include the Enrique Olaya Herrera Airport and José María Córdova International Airport in Medellín, the Los Garzones Airport in Montería, the Antonio […]
ASUR extends Dufry’s Cancun concession at Cancun for 10 years
Dufry has signed an agreement with Aeropuertos del Sureste (ASUR) for the extension of the Cancun airport concession in Mexico to operate duty free and duty-paid shops at Terminal 2, 3 and 4 for another ten years. The contract at Cancun airport, which welcomes close to 20 million passengers per year, covers retail space of […]
ASUR to issue duty free tender for Cancun and Cozumel airports in June
Grupo Aeroportuario del Sureste (ASUR) will be issuing a tender for a Master Concessionaire to operate the duty free concessions at Cancun and Cozumel airports, which are due to expire in May 2017. The privatized airports have been operated by ASUR since 1999. “We will have the tender documents out no later than June […]
ASUR: Total passenger traffic for December 2014 Up 11.6% YOY
Mexican airport group Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR), reports that total passenger traffic for December 2014 increased by 11.6% compared to December 2013. International traffic rose 11%, driven by a 12.3% increase at Cancun, and 16.4% growth at Veracruz. International traffic was down at the seven other airports in the ASUR group. […]
