- John Laing Group expects its net asset value at the end of December to be in the range of management forecasts, assuming constant exchange rates and no change in the IAS19 pension deficit as at 30 Nov.

The group said total investment commitments to date of £340m were well ahead of its original guidance for 2017 of approximately £200m which, it said, 'demonstrates the strength of our pipeline of investment opportunities across our three regions: Asia Pacific, Europe and North America'.

And it said total realisations to date of £256m were also well ahead of original guidance for 2017 of approximately £200m.

Chief executive Olivier Brousse said: 'In 2017 we have continued to scale up our business: both our investment commitments and our realisations are well ahead of the guidance we gave earlier in the year, while we are managing our cost base and our risk profile.

'We are confident that the quality of our local teams, together with the strength of our partnerships with global infrastructure players, will continue to feed our pipeline of opportunities in 2018.'

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