Warburg Pincus to invest $125m in Indonesia shopping mall JV
Warburg Pincus plans to invest $125 million into a joint venture (JV) formed with Indonesian property developer Nirvana Development to build shopping malls in the country.
According to a release, the JV will focus on developing hypermarket shopping malls across second and third tier cities in Indonesia. The GP has an option to invest up to an additional $75 million. The...
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