Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Bahrain's Investcorp buys two real estate properties in US  Join our daily free Newsletter

MENAFN - 24/09/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Bahrain-based private equity firm Investcorp has expanded its US portfolio with two real estate acquisitions and one debt financing investment in seven office properties, the company said in a press release.

The transactions totalled 900,000 square feet, worth a combined USD140 million, the company said.

The acquisitions include three properties in the Keystone Office Park located in Raleigh, North Carolina and one property in the Duke Bridges office park complex located in Frisco, Texas, a suburb of Dallas, Investcorp explained.

The company also bought a mezzanine loan secured by two office properties located in the Denver, Colorado suburb of Lakewood.

Investcorp has bought a portfolio of four multifamily properties in Houston, Texas in May. In March, it completed an acquisition of mixed-use commercial properties in Northern California for almost USD65 million.

Investcorp has invested in eight equity transactions in the last 12 months, with a total value of more than USD300 million.

The company also has originated five mezzanine debt transactions with a principal balance in excess of USD100 million and a total capitalisation of more than USD800 million over the same period.

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help