Investcorp Expands US Real Estate Portfolio with $300 Million Investment
Deal News | Feb 18, 2025 | Zawya
Investcorp Capital, listed on the Abu Dhabi stock exchange, has reinforced its US real estate portfolio by acquiring four new housing structures at a total transaction value exceeding $300 million. This strategic enhancement includes student housing assets located in Texas and Oklahoma, supplementing its existing holdings in Florida and Texas. These acquisitions reflect Investcorp's dedication to broadening its real estate footprint in the U.S. and are complemented by three earlier industrial property transactions finalized in August, collectively amounting to approximately $300 million. The company's recent ventures affirm its operational model emphasizing significant real estate investment and sustaining semi-annual dividends of at least 8%.
Sectors
- Real Estate
- Private Equity
Geography
- United States – The acquisitions and investments by Investcorp Capital are in the states of Texas, Oklahoma, and Florida.
- United Arab Emirates – Investcorp Capital is a company listed on the Abu Dhabi stock exchange.
Industry
- Real Estate – The article discusses the acquisition of real estate assets in the US, which is directly related to the real estate industry.
- Private Equity – Investcorp Capital is a private equity firm and its investment activities, particularly in real estate, are central to the article's content.
Financials
- $300 million – The total transaction value for acquiring new housing structures in Texas and Oklahoma.
- $160 million – The previous investment value of Investcorp's existing student housing portfolio in Florida and Texas.
- 8% – The minimum annual dividend commitment by Investcorp Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Investcorp Capital | Bidding Company | Company | A company listed on the Abu Dhabi stock exchange, involved in significant real estate investments in the US. |
| Zawya | News Source | Company | A platform that provides press releases and business information across the Middle East and North Africa. |