Jera Asset Management And Invesco Real Estate Form Joint Venture To Acquire Industrial Real Estate With A Focus On Distribution Centers, Logistics Properties, And Cold Storage Warehouses Seeded With Initial Portfolio Of Nearly $500M In Assets.
CHARLOTTESVILLE, Va. and DALLAS, June 14, 2021 /PRNewswire/ -- Invesco Real Estate, a global real estate investment manager, and Jera Asset Management (Jera), a national real estate investment firm focused on properties that are net-leased to quality credit tenants, have formed a strategic joint venture, Mercury Trust, to take advantage of the strong industrial markets. Mercury Trust was seeded with nearly $500 million of assets throughout the country that have been acquired or are under contract to be acquired in the near future.
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