Warburg Pincus bullish on new economy real estate in China

Private equity investor sees advantage in its 'earlier in the game' approach

Warburg Pincus has been making early- and growth-stage investments in greater China's rental apartment companies over the past decade. © AP

PIMFHA CHAN, DealStreetAsia

June 30, 2023 19:50 JST

BANGKOK -- U.S. private equity titan Warburg Pincus continues to be bullish on early-stage investments in China's property sector as it targets new economy assets or "tech-enabled businesses" in the country.

"Our approach is to start earlier in the game so that we have more time to navigate the landscape and spend more time with potential partners or pick the best entrepreneurs before the space becomes more competitive," Ellen Ng, Warburg Pincus head of China real estate, said at a conference on Tuesday.