InvestCorp invests in Boston
Investcorp said its U.S.-based real estate division had bought a portfolio of properties in the Boston and Denver metropolitan areas for about $250 million. The five investments included 20 buildings and 1.8 million square feet of office, industrial, flexible and laboratory space, the Bahrain-based alternative investment firm said in a statement. Investment management firm Arcapita, also based in Bahrain, said it had bought three housing schemes for senior citizens in the metropolitan areas surrounding Washington D.C. and Atlanta for about $110 million.
Tags : INTERNATIONAL