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Bahrain-based Investcorp wins a 400 million dollars deal in the U.S.

Bahrain - February 26, 2017

The Bahrain-based Investcorp revealed that its U.S real estate arm has invested in three properties in New York, California, and Nevada for a total price of 400 million dollars.

Atlantic point located in Bellport, New York is a 795 unit housing property, whereas The Highlands is a 556 unit property located in Grand Terrace, California and finally Villas at Green Valley is a 609 unit building located in Henderson, Nevada.

It is worth mentioning that the three properties are located in extremely vital areas which will benefit from robust fundamentals.

Mohammed Alardhi, executive chairman of Investcorp, stated that Investcorp has a long history when it comes to investing in the US high-quality investments.

 

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