Warburg Pincus steps up investment in China’s urban renewal projects

Warburg Pincus (WP.UL)is stepping up investment in China’s urban renewal and redevelopment sector, announcing on Wednesday the setup of a new platform that acquires under-utilised properties in Shanghai and Beijing and converts them into serviced apartments, creative offices, or mixed-use commercial projects. Golden Union Assets, jointly formed by the U.S. private equity giant and China’s […]

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