Investors are also confident.
“Transurban has a portfolio of roads at various stages of recovery and is not dependent on any one city to pay distributions,” said Peter Meany, head of global listed infrastructure at First Sentier Investors. He expected COVID-19 to only have a 5 to 10 per cent impact on the toll road company’s valuation over the longer term.
While WFH has been a positive surprise for many, we think people will crave genuine interactions.
Peter Meany, head of global listed infrastructure for First Sentier Investors
“Reduced travel to airports and increased work-from-home will be partly offset by increased logistics activity and modal shifts from public transport.” Mr Meany said.
“While WFH has been a positive surprise …
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