Skip to content Skip to Search
Skip navigation

Investcorp to strengthen US presence with $526m venture

Investcorp Corsair will continue to focus on transportation, logistics and associated infrastructure subsectors Bahrain News Agency
Investcorp’s industrial real estate holdings in the US are valued at $5.1bn across 43 million sq ft

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 opportunities to expand our investments in the last-mile subset,” said Herb Myers, co-head of real estate, US, for Investcorp. 

E-commerce, US fiscal policy and government spending continue to create record demand for last-mile facilities near large and growing population centres, he said, adding the assets targeted remain largely insulated from the supply issues impacting big-box industrial warehouses.

Since 1996, Investcorp has acquired over 1,300 properties with a total value of over $25 billion.

The US real estate strategy focuses on the industrial and residential markets, making up 98 percent of the company’s $9.2 billion US portfolio.  

Latest articles

Aramco pipelines

BlackRock-led investors to refinance Aramco Pipelines stake

Investors in Saudi Aramco’s gas pipeline network, led by BlackRock, the world’s largest asset manager, are planning to issue $3 billion in bonds to refinance a loan that backed their purchase of a stake in the network.   The consortium of investors took a $13.4 billion bridge loan in 2021 to acquire a 49 percent stake […]

Over the first half of the year Sanad Group signed deals with international airlines including Asiana Airlines and Deucalion Aviation

Mubadala-backed Sanad Group reports 53% revenue growth

Sanad Group, the Abu Dhabi-based global aerospace engineering and leasing company, has seen revenues increase by more than half over the first six months of the year. Figures released to AGBI show revenue totalling AED2.3 billion ($620 million) was reported in the first half of the year, up from AED1.5 billion over the same period […]

Malaysia’s HSS Engineers Berhad and its emirati consultancy HSS signed the deal top oversee construction with the Baghdad municipality

UAE company in joint venture to build Baghdad metro

A Malaysian engineering company and its UAE affiliate have jointly won a $316 million contract to oversee the construction of the new Baghdad metro. The building of the planned 148-kilometre network and its 64 stations across the Iraqi capital was slated to begin this month and end in 2029. This timeline might be delayed, however, […]