Investcorp Capital PLC (ICAP), the company founded by Investcorp and listed on the Abu Dhabi Securities Exchange (ADX symbol: “ICAP”), announced on December 4, 2025, its successful acquisition of a diversified portfolio of industrial assets for approximately $400 million. The transaction was arranged by Investcorp and features properties located across coastal markets in both the eastern and western U.S.

The acquired portfolio comprises 35 buildings covering 2.6 million square feet. It spans seven resilient coastal markets and maintains a high occupancy rate of 97%. The assets were secured at attractive prices, capitalising on industrial demand growth, limited supply, and rising rents, factors that continue to demonstrate the strength and profitability potential of the U.S. industrial sector.

The newly acquired properties include an Infill Industrial Portfolio in Philadelphia, Pennsylvania with approximately 76,000 SF across two buildings, and an Infill Industrial Portfolio in Northern New Jersey with approximately 44,000 SF in one building. Further assets include an Infill Industrial Portfolio in Long Island, New York with approximately 92,000 SF across two buildings, and a significant Logistics Portfolio in Sacramento, California spanning approximately 1.3 million SF across 13 buildings. In the southeast, the portfolio adds an Infill Industrial Portfolio in Tampa, Florida (156,000 SF across two buildings), an Infill Industrial Portfolio in South Florida (approximately 115,000 SF across three buildings), and a Light Industrial Portfolio in North Atlanta (approximately 814,000 SF across 12 buildings).

Sana Khater, CEO of Investcorp Capital, highlighted the strategic importance of the acquisition, saying: “Through acquisitions like this U.S. industrial portfolio, along with other assets, ICAP continues to be well positioned to create long-term value for our shareholders. This transaction reinforces our strategy of building a diversified portfolio of high-quality alternative assets and demonstrates our ability, via Investcorp, to source and execute investments that align well with market tailwinds and investor expectations.”

Yusef Al Yusef, Board Member of Investcorp Capital, and Global Head of Distribution for Investcorp, commented on the US market: “The U.S. industrial sector continues to demonstrate exceptional resilience and long-term potential. This portfolio reflects our conviction in high-quality, supply-constrained coastal markets and supports our strategy of investing in durable, income-generating assets. As demand fundamentals strengthen and new supply remains limited, we see attractive opportunities to deploy capital in ways targeted to create value for our shareholders and investor partners.”

Investcorp Capital continues to build on its position as the only ADX-listed firm offering investors access to the returns derived from a globally diversified portfolio of alternative investments. Over the last 12 months, the firm has successfully completed several profitable investment exits, including RESA Power in the USA and Citykart in India. The company has also funded new Private Equity, Real Estate, and Credit investments, showcasing its capacity to identify and unlock value across global markets and alternative asset classes for its shareholders.