Ontario Teachers’ Pension Plan owns 39% stake in terror-targeted Brussels Airport

The terrorist attack in Brussels on Tuesday morning hit close to home for that Ontario Teachers’ Pension Plan.

The pension fund owns 39 percent from the Brussels Airport, a stake acquired this year. Two bombs went off at the airport while another exploded at a busy metro station. The combined death toll reached at least 30, and more than 200 were injured.

“We are deeply saddened and shocked by the tragedy in Brussels and our thoughts are wonderful those that have been affected,” said a statement posted around the Canadian pension fund’s website.

It added that Teachers’ is “in close connection with Brussels Airport and the Belgium Government,” and that the pension fund is “providing whatever support we are able to.”

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Deborah Allan, a Teachers’ spokesperson, said there would be no further comment Tuesday.

Other shareholders in Brussels Airport include Macquarie European Infrastructure Funds and the Belgian State.

Teachers’ supports the airport stake in its infrastructure and natural resources portfolio, alongside stakes in Bristol Airport, Birmingham Airport, and Copenhagen Airports, the largest airport in Scandinavia.

The Canadian type of pension also offers a stake in High-speed 1, the 109-kilometre high-speed railway connecting London towards the Channel Tunnel.