Announced
Completed
Financials
Sources
Tags
United States
Single Bidder
Cross Border
real estate investment firm
Completed
Private
Majority
Friendly
Other Specialty REITs
Joint Venture
Synopsis
Jera Asset Management, a national real estate investment firm, and Invesco Real Estate, a global real estate investment manager, formed Mercury Trust, a strategic joint venture. Financial terms were not disclosed. "The newly formed Mercury Trust joint venture with Invesco Real Estate is a momentous occasion for all of us at Jera. Our team has been in the net-lease industry for decades and were early to the industrial sector. This venture continues our strategy of partnering with world-class institutions that not only give us financial backing but scale that will enable us to be a leader in the industry," David Kay, Jera Managing Partner.
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