Invesco Real Estate Income Trust Inc. Acquires Industrial And Grocery-Anchored Retail Properties
02/18/22, 3:13 PM
Industry
real estate
financial services
Invesco Real Estate Income Trust Inc. ("INREIT"), an institutionally managed public non-listed REIT, announced today the acquisition of an industrial property and a grocery-anchored retail property. The combined purchase price was $94 million, bringing the gross assets of the INREIT portfolio to more than $850 million.
Company Info
Company info
Invesco Real Estate is a global leader in the real estate investment management business with $87.0 billion in real estate assets under management, 597 employees and 21 regional offices across the U.S., Europe and Asia Pacific (as of September 30, 2021). Invesco Real Estate has been actively investing in core, value-add and opportunistic real estate strategies since 1983. Invesco Real Estate is the real estate investment center of Invesco Ltd., an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.NYSE: IVZ; www.invesco.com.
Contact: Jamie Braverman, jamie.braverman@invesco.com, 212-278-9630
SOURCE Invesco Real Estate Income Trust Inc.