Global infrastructure set for rerating as private equity dives in

Shares in listed infrastructure groups are more likely to be boosted by private equity firms buying their shares in lieu of opportunities in the unlisted space, rather than the promise of fiscal stimulus, CBRE Clarion's head of infrastructure says.

Australia's relatively small infrastructure space includes some of the most expensive stocks on the S&P/ASX 200 Index, including Transurban and Sydney Airport. But the picture is much friendlier elsewhere, and public companies are trading at a discount to their private counterpart, chief investment officer of infrastructure at CBRE Clarion Securities Jeremy Anagnos said.