Investcorp targets real estate acquisitions
Bahrain-based Investcorp has declared a major plan to enhance its share value and broaden its liquidity base.
The company has developed an objective methodology for the valuation of its shares. According to GDN, among other things, Investcorp targets real estate acquisitions of $250 million annually, compared with $175 million used currently.
Investcorp was established in 1982. Since then it has completed transactions with a total acquisition value of nearly $25 billion.