Actis has entered into an agreement with New Ease, a logistics real estate platform, to establish a joint venture to develop modern logistics properties in China. The first pipeline of projects will be launched across major cities, Chongqing, Quanzhou and Tianjin, with a total investment of approximately $200 million.
Founded by chairman Sun Dongping and the wider management team in 2018, New Ease is focused on investing, developing and operating state-of-the-art modern logistics properties in China. Backed by global blue-chip institutional investors, the company has rapidly expanded its national footprint. At the end of 2019, New Ease had approximately 4 million square meters (43 million square feet) of logistics assets in operation or under development.
Actis’ Asia real estate business invests across Greater China, India, South Korea and Southeast Asia. With significant investment experience in real estate development projects, the team members feel they have succ
