Warburg Pincus and Lendlease have announced a significant acquisition in Singapore's real estate market, securing property assets valued at $1.2 billion.
Warburg PincusLendleaseSingaporeReal Estate InvestmentInternational PropertyAsset ManagementReal Estate NewsAug 30, 2024
The property assets acquired by Warburg Pincus and Lendlease are valued at $1.2 billion.
The acquisition is a significant move for both Warburg Pincus and Lendlease, underscoring their confidence in Singapore's real estate market and their commitment to investing in the sector.
The acquisition is expected to have a positive impact on Singapore's economy, creating new jobs, stimulating economic growth, and contributing to the development of the country's real estate sector.
The acquisition is subject to regulatory approvals and is expected to be completed in the coming months. In the meantime, Warburg Pincus and Lendlease will continue to work together to identify new investment opportunities in Singapore's real estate market.
Warburg Pincus is a global private equity firm that has been investing in the real estate sector for over 40 years. Lendlease is a leading international property and infrastructure group with a significant presence in Singapore.
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