Investcorp, a leading provider and manager of alternative investment products, today announced that its US.-based real estate arm has invested in six multifamily properties in Florida and Arizona, for a total purchase price of approximately $350m. The properties are located in key growth markets with strong fundamentals in the multifamily space.
Johannes Glas, Managing Director at Investcorp in Qatar, said: “Real estate investments continue to be a key pillar of our investment strategy. We believe that these newly acquired properties benefit from positive socioeconomic factors and sound business infrastructure in the areas.”
