Investcorp to strengthen US presence with $526m venture

Investcorp to strengthen US presence with $526m venture

Bahrain’s alternative asset manager, Investcorp, has unveiled a new $526 million venture to acquire industrial real estate assets in the United States. The venture has been set up with two unidentified sovereign wealth funds, mirroring a similar strategy launched in November 2021. The three entities have committed over $1 billion of investment over the past […]Bahrain’s alternative asset manager, Investcorp, has unveiled a new $526 million venture to acquire industrial real estate assets in the United States.

The venture has been set up with two unidentified sovereign wealth funds, mirroring a similar strategy launched in November 2021.

The three entities have committed over $1 billion of investment over the past 2.5 years in the industrial real estate sector.

“This commitment by two of the world’s most reputable sovereign wealth funds underscores the deep trust in our real estate platform and teams,” Investcorp executive chairman Mohammed Alardhi said in a statement.

He said that the company remains strategically focused on maximising value in the US market, offering robust growth opportunities for global investors and shareholders. 

Investcorp’s industrial real estate holdings in the US is valued at $5.1 billion across 43 million square feet.  

“The US industrial sector continues to exhibit strong fundamentals. We continue to see attractive