Headquartered in Singapore, the new platform will focus on investing, acquiring, developing, constructing, managing and operating real estate projects in the life sciences and R&D real estate markets in Asia Pacific.
Private equity firm Warburg Pincus and Lendlease announced on Aug 1 that they have reached the final closing on a life sciences real estate joint venture platform.
Each party will commit 50% of the co-investment capital over the next few years as the new platform attracts third party investors and additional capital and seeks to grow into a multi-billion-dollar platform.
