Bahrain-based investment company Investcorp has invested in three real-estate projects in the US. This brings its real-estate investments for 2011 to eight deals worth $300m.

The three properties, which include the $37m acquisition of the Bethesda Health City building in Florida and an office complex in California, were acquired through sharia-compliant structures.

“Despite the difficult economic conditions, Investcorp continues to secure investments with potential outperforming returns … These three sharia-compliant US properties form a great addition to the mix of investments in our real-estate portfolio, given their solid and stable tenancy record and excellent locations within urban communities,” says Khalid al-Rumaihi, managing director at Investcorp.