Investcorp announced this week the launch of a U.S. industrial real estate venture in partnership with two unnamed sovereign wealth funds.
The $550 million investment vehicle will have the capacity for approximately $1.6 billion in buying power, officials said. The partnership offers access to a critical mass of institutional-quality assets in premier logistics markets with an aim to benefit from the operating fundamentals and tailwinds currently in the industrial space.
Roughly seven years ago, Investcorp Real Estate leadership made the decision to focus on the industrial and residential sectors. The venture allows . . .
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