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Brookfield Infrastructure, an affiliate of Brookfield Asset Management, has committed to fund half of the required initial equity investment, currently estimated to be approximately $613 million.
Investcorp, which is headquartered in Bahrain and has offices in New York City, says the deal involves the firm's second real estate investment in Germany.
The team, led by real estate veterans and executive managing directors Sergio Pérez, SIOR and Samuel Campos, includes 18 producers, six of whom are senior experts, NKF reports.