Al-Trust Investment Ksc announces the successful acquisition of a $43m diversified high income producing portfolio of five US Industrial assets with tenants which include Tesla, AT&T and Walmart, in partnership with the renowned specialist in the US Industrial sector, Brennan Investment Group.
Al-Trust Investment Ksc announces the acquisition for its investors of a $43m diversified high income producing portfolio of 5 assets in the growing Industrial sector in the United States, with prominent tenants such as Tesla, AT&T and Walmart, in partnership with Brennan Investment Group, who are a leading specialist in the US Industrial sector, having closed more than $15bn worth of US Industrial transactions in the last 10 years.
According to reports from market leading advisors like CBRE and JLL, the US Industrial sector has remained remarkably resilient during the unfortunate Covid-19 pandemic. There have even been signs of upward pressure on pricing due to an increasing forecast for demand in the US Industrial sector, driven by the move to online shopping, the realization that just-in-time stocking levels pose a risk in periods of shock, and the need to reduce reliance on offshore manufacturing especially in China. All these factors lead to an increase in forecast demand for the US Industrial sector, and we believe that the diversified assets which have been acquired, with diversity both in terms of geography across the mid West and in terms of industry sectors, are extremely well positioned to benefit from this. This is testimony to All-Trust Investment’s strategic thinking and positioning.
What do you think?
The amount of funding they secured is impressive, and it’s great to see that they have the support of investors to help them bring their vision to life. This financing will surely help them to accelerate the development of Big River 2 and make it a success.