Announced
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Synopsis
Investcorp, a global manager of alternative investment products, for private and institutional clients, completed the acquisition of 18 industrial properties located in Colorado and Florida from Stockbridge, a private-equity real estate investment company, for $200m. “The industrial real estate market in the US continues to exhibit strong tailwinds and remains one of the most attractive asset classes for investment. Our forward-thinking decision to rebalance our real estate portfolio in favour of industrial and residential assets over the past decade has resulted in attractive risk-adjusted returns for our investors, building upon our 28-year track record of successfully investing in US real estate," Herb Myers, Investcorp Co-Head of US real estate.
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