DONCASTER, U.K.—Investcorp has made numerous investments across Europe, but never in commercial real estate on the continent until now. The Bahran-based investment manager has acquired three industrial properties, the beginning of what Investcorp plans to be a UK portfolio valued at more than £100m.

Mohammed Al Ardhi, executive chairman of Investcorp, calls the purchase of warehouse and manufacturing facilities “the beginning of an exciting new chapter for Investcorp's European real estate operations. Our US real estate arm has seen some great success investing in the industrials and logistics space and we look forward to leveraging and replicating that experience and success in Europe as we approach our medium-term target of $25 billion in assets under management and are actively working on a strategy to increase that to $100 billion.”

In partnership with UK real estate investment group Brydell Partners, Investcorp acquired two modern warehouse units in Doncaster, one of the UK's most important distribution locations. Additionally, the partnership bought a light manufacturing facility on the Sutton Fields Estate, the largest industrial estate within Hull.