{"id":8626,"date":"2016-03-20T21:32:47","date_gmt":"2016-03-20T14:32:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=8626"},"modified":"2016-03-20T18:50:44","modified_gmt":"2016-03-20T11:50:44","slug":"investcorp-snaps-up-properties-in-florida-and-minnesota","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investcorp-snaps-up-properties-in-florida-and-minnesota\/","title":{"rendered":"Investcorp snaps up properties in Florida and Minnesota"},"content":{"rendered":"<p>&#013;<br \/>\n&#013;<br \/>\nInvestcorp has bought five residential properties in the US states of Florida and Minnesota for about $220 million as the Bahrain-listed alternative investment firm expands its US footprint.The acquisitions, which are part of the company&#8217;s strategy to invest in high-yield real estate assets, include three student housing properties in Boca Raton, Florida and residential properties in Minneapolis, Minnesota, the company said.&#013;<br \/>\n&#8220;All of these acquisitions are in major metropolitan US cities and are aligned with Invest\u00adcorp&#8217;s strategy of targeting quality properties with high occu\u00adpancy rates,&#8221; said Mohamed Sammakia, managing director at Investcorp for the UAE. &#8220;In the past year, Investcorp has deployed approximately $1.5 billion in US real estate and we look forward to capturing new opportunities in the region.&#8221;Last month, Investcorp said it had paid $180m to buy an office building in Washington DC.&#013;<br \/>\nSince 1996, Investcorp has completed more than 400 pro\u00adperty investments with a total value of more than $13bn.The Manama-based firm posted a 12 per cent increase in its net profit to $50.9m in its fiscal first half that ended December 31, 2015 from $45.3m in a year-earlier period.\u200bdalsaadi@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/property\/investcorp-snaps-up-properties-in-florida-and-minnesota\" target=\"_blank\">Investcorp snaps up properties in Florida and Minnesota<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; &#013; Investcorp has bought five residential properties in the US states of Florida and Minnesota&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-8626","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2f8","jetpack-related-posts":[{"id":35488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bahrains-investcorp-makes-250m-investment-in-boston-denver\/","url_meta":{"origin":8626,"position":0},"title":"Bahrain&#039;s Investcorp makes $250m investment in Boston, Denver","date":"November 23, 2016","format":false,"excerpt":"\r Real estate unit buys portfolio of properties which include 1.8m sq ft of office, industrial, flexible and lab space\r \r Source : arabianbusiness.com\r Read more...Bahrain's Investcorp makes 0m investment in Boston, Denver","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investcorp-buys-office-building-in-washington-dc\/","url_meta":{"origin":8626,"position":1},"title":"Investcorp buys office building in Washington DC","date":"March 1, 2016","format":false,"excerpt":"\r \r The Bahrain-listed alternative investment fund Investcorp has paid US$180 million to buy an office building in Washington DC as part of a new strategy to invest in assets in key US cities.Investcorp said on Monday that its US-based real estate arm had acquired a 170,000 square feet, fully\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investcorp-acquires-washington-office-block-for-180m\/","url_meta":{"origin":8626,"position":2},"title":"Investcorp acquires Washington office block for $180m","date":"March 1, 2016","format":false,"excerpt":"\r Investment firm says it has made $1.5bn of acquisitions in US real estate in past year\r \r Source : arabianbusiness.com\r Read more...Investcorp acquires Washington office block for 0m","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investcorp-buys-up-property-in-florida-minnesota\/","url_meta":{"origin":8626,"position":3},"title":"Investcorp buys up property in Florida, Minnesota","date":"March 21, 2016","format":false,"excerpt":"\r Bahraini finance house invests $220m to add to considerable US real estate portfolio\r \r Source : arabianbusiness.com\r Read more...Investcorp buys up property in Florida, Minnesota","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bahrains-investcorp-tees-up-orlando-real-estate-jv\/","url_meta":{"origin":8626,"position":4},"title":"Bahrain&#039;s Investcorp tees up Orlando real estate JV","date":"June 4, 2017","format":false,"excerpt":"\r Investment manager acquired Florida apartment blocks with TruAmerica Multifamily\r \r Source : arabianbusiness.com\r Read more...Bahrain's Investcorp tees up Orlando real estate JV","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investcorp-capital-acquires-us-industrial-services-firm-kanawha-scales-systems\/","url_meta":{"origin":8626,"position":5},"title":"Investcorp Capital acquires US industrial services firm Kanawha Scales &amp; Systems","date":"November 14, 2025","format":false,"excerpt":"\r Abu Dhabi-listed Investcorp Capital has acquired Kanawha Scales & Systems, a leading US industrial weighing and automation services company, as part of its strategy to expand global private market investments The post Investcorp Capital acquires US industrial services firm Kanawha Scales & Systems appeared first on Arabian Business: Latest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/abu-dhabi-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8626"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=8626"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=8626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=8626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=8626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}