Corporation Investcorp Bank BSC, the largest player in the Persian Gulf on the American real estate market over the past 10 years, has decided to double the amount of investment, and bring them up to $ 25 billion in 5-7 years - for AMarkets materials.
The company plans to invest in real estate of America $ 1.5 billion by June this year. From the beginning, the company has already invested $ 860 million in the real estate segment. Investcorp plans to invest about $ 200 million in real estate in the EU for the next 12 months interval.
Interestingly, the company has gone to the European real estate market in 1994 because revenues were extremely low. And now the Persian investor again expressed a desire to come to the spaces of Europe.Investcorp - one of the first companies from the Gulf region, which was heavily invested in facilities in America and Europe. Especially property segment which provides 15-20% of all corporate revenue.
Over the past 6 months, the company has acquired private property in Boca Raton, Florida, Minneapolis, Atlanta, San Francisco and Boston.