Bahrain’s Investcorp grows US industrial real estate portfolio to $2 billion

  • Date: 26-Oct-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Real Estate
  • Country:Bahrain
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Bahrain’s Investcorp grows US industrial real estate portfolio to $2 billion

Manama

The Daily Tribune – www.newsofbahrain.com

Bahrain-based asset manager Investcorp today announced that it has acquired 32 industrial properties totaling approximately 3.5 million square feet across four major US markets for a total capitalization of over $280 million.

The properties grow Investcorp's wider US industrial real estate portfolios to approximately $2 billion with 22 million square feet comprised of more than 260 buildings.

The latest acquisitions provide Investcorp with a