By Tom Arnold
DUBAI: Investcorp said that its U.S.-based real estate division had bought a portfolio of properties in the Boston and Denver metropolitan areas for about $250 million.
The five investments included 20 buildings and 1.8 million square feet of office, industrial, flexible and laboratory space, the Bahrain-based alternative investment firm said in a statement.
On Tuesday, investment management firm Arcapita, also based in Bahrain, said it had bought three housing schemes for senior citizens in the metropolitan areas surrounding Washington D.C. and Atlanta for about $110 million.
(Editing by David Clarke)