Investors hungry for lessors

Indian company scores a major success, while a robust leasing and rental market is helping the wheels go round.

Ontario Teachers’ Pension Plan Board has sold an undisclosed number of shares in SeaCube Container Leasing to London-based Wren House Infrastructure Management Limited. The two companies will now operate under a so-called “co-control structure of the leasing company”

Brookfield Infrastructure is to acquire Triton International for US$13.3 billion and take the company private.

Container and equipment leasing specialist SeaCube is preparing to support its equipment operator customers as they work towards decarbonisation.

As demand and freight rates continue to fall the world’s largest container leasing company has stopped buying new containers, but sees no reason to panic and is confident it has structured its business to weather the storm.

As demand for new containers starts to fall Textainer says its performance in Q2 “demonstrates the resilience of our business model in the current environment.”