Warburg Pincus, GIC set up China rental apartment platform
Warburg Pincus and Singapore’s GIC Private will establish a RMB4.3 billion ($675 million) platform for investing in rental apartments in China’s tier-one cities.
Warburg Pincus will be participating via its Shanghai-based property investment platform Nova. As part of the partnership and a broader strategy to access opportunities in the urbanization of the Chinese...
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