Investcorp acquires 32 industrial properties in US for $280 million

Investcorp acquires 32 industrial properties in US for $280 million

The latest acquisitions provide Investcorp with a new 96% leased portfolio of Class A and B warehouse, distribution, and flex industrial buildings.



Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, on Monday announced that it has acquired 32 industrial properties totaling approximately 3.5 million square feet across four major US markets for a total capitalisation of over $280 million.

According to the company's press release, the properties grow Investcorp's wider