April 11, 2021
Bahrain-based investment firm Arcapita Group Holdings has bought a Texan distribution facility that serves as a vital cog in FedEx’s distribution network in the southern US. The latest acquisition was part of the company’s investment in the fast-growing e-commerce sector and brings to 16 the number of industrial facilities it has bought in Cleveland, Ohio and Indianapolis, Indiana. The total value of its US industrial real estate portfolio is now $200 million.
Read the original article in the Arab News: Bahrain’s Arcapita buys FedEx distribution center in Texas