Airports are, for reasons that I set out in previous articles such as this one, solid long-term investments. Ideally, investors should seek exposure to airports that are experiencing rapid growth. This sometimes comes with a high level of country risk, when assets are located in emerging markets. This is where Fraport (OTCPK:FPRUF, OTCPK:FPRUY) comes into play, with the company having its main asset in a safe jurisdiction, while also offering exposure to rapidly-growing areas.
Fraport operates Frankfurt Airport, the largest in Germany, but, on top of that, the company has been