Investcorp Secures US Industrial Assets for $335 Million
Deal News | Feb 26, 2025 | Zawya
Investcorp, a Bahrain-based alternative investment firm, has acquired two industrial real estate portfolios in the US cities of Minneapolis and Baltimore, with a gross transaction value exceeding $335 million. The acquisition consists of 27 properties and a total of 2.7 million square feet. Investcorp's strategy focuses heavily on industrial and residential real estate, making it one of the top five cross-border buyers of US real estate in recent years. The economic environment characterized by a thriving e-commerce industry and limited new urban infill and products has reinforced Investcorp's belief in the sustainability of industrial assets. Yusef al Yusef, Global Head of Distribution, expressed confidence in the long-term potential of this asset class for the firm, which currently manages $55 billion in assets.
Sectors
- Real Estate
- Investment Management
- E-commerce
Geography
- United States – The geographic focus of the acquisition; the industrial portfolios are located in Minneapolis and Baltimore.
- Bahrain – Investcorp is based in Bahrain, indicating the cross-border nature of the transaction.
Industry
- Real Estate – The transaction involves the acquisition of industrial portfolios which is a part of the real estate sector.
- Investment Management – Investcorp is an alternative investment management firm engaged in managing and acquiring various asset classes.
- E-commerce – The article mentions the growing e-commerce sector as a factor influencing the viability of industrial real estate assets.
Financials
- $335 million – The gross transaction value for the acquisition of industrial portfolios.
- $55 billion – The assets under management by Investcorp.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Investcorp | Bidding Company | Company | A Bahrain-based alternative investment firm managing various asset classes with a focus on real estate. |
| Yusef al Yusef | Key Executive | Person | Global Head of Distribution at Investcorp. |
| Brinda Darasha | Writer | Person | Writer of the article. |
| Daniel Luiz | Editor | Person | Editor of the article. |