Belgian infrastructure investor TINC, listed on Euronext Brussels, has announced a 100 million euros joint investment in parking operator Interparking, together with Infravest, the strategic infrastructure partnership between Gimv, WorxInvest and Belfius.
The deal follows the transfer of an indirect minority stake in Interparking by AG Insurance and AG Real Estate to a consortium including TINC, international investor Northleaf Capital Partners, and Hedera, the Belgian public entity overseeing long-term nuclear liabilities.
According to CEO Manu Vandenbulcke, the transaction strengthens TINC’s position in a sector that supports the transition to smart and sustainable mobility.
“This investment provides TINC with access to long-term cash flows in a sector that increasingly contributes to smart and sustainable mobility solutions”, he said, noting TINC’s earlier entry into the parking sector in 2012 with the acquisition of the Eemplein parking facility in the Netherlands.
New shareholder structure
The consortium partners will become minority shareholders in a newly created company, AG Real Estate Car Park SA, which will consolidate the Interparking interests historically held by AG Insurance and AG Real Estate. AG will remain the majority shareholder, while Northleaf, Hedera and TINC/Infravest each take a minority stake.
Interparking’s remaining shares continue to be held by APG Asset Management and CriteriaCaixa. AG retains exclusive control over the new entity and therefore over Interparking.
Leading European operator
Headquartered in Belgium, Interparking is one of Europe’s largest car park operators, active in 16 countries with more than 2,000 car parks and nearly 800,000 spaces.
TINC’s share of the investment amounts to 50 million euros, funded through its existing 200 million euros credit facility. As of 30 September 2025, TINC reported net debt of 13.6 million euros.
Closing of the transaction is expected in December 2025. Financial details were not disclosed.
