Investcorp Capital Expands US Presence with $300 Million Investment in Student Housing

Abu Dhabi-listed Investcorp Capital has significantly increased its real estate asset base in the United States by acquiring four new student housing properties for a total transaction value exceeding $300 million. This move marks a strategic expansion into the US housing market.

Investcorp Capital Expands US Presence with $300 Million Investment in Student Housing
Credit: ZAWYA

According to Zawya, the newly acquired assets are located in Texas and Oklahoma, enhancing Investcorp’s existing portfolio that already includes student housing investments in Florida and Texas amounting to $160 million. In addition to this real estate venture, the company has also funded three industrial acquisition deals in the US in August, which contributed to a gross transaction cost of approximately $300 million.

Investcorp Capital stated that its recent investment activities align with its business model and its commitment to providing semi-annual dividends of at least 8% per annum. This strategy reflects the firm’s ongoing focus on expanding its footprint in lucrative markets while ensuring consistent returns for its investors.

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