Bahrain, Sept. 29 -- Investcorp Capital (ICAP) has successfully exited its stake as part of the $365m sale of an Investcorp managed U.S. industrial real estate portfolio, delivering a strong return in excess of ICAP's carrying value. The transaction underscores ICAP's continued ability to generate and deliver value for shareholders through its partnership with Investcorp, which provides disciplined execution and access to high-quality global opportunities.

The portfolio included 3.5 million square feet of prime industrial assets across Chicago and major Ohio cities. The sale follows realizations of other ICAP assets earlier this year, including RESA Power and Citykart, reinforcing ICAP's consistent ability to unlock value across geograph...