Warburg Pincus invests $400m in Chinese logistics platform

Warburg Pincus has invested $400 million into Shanghai-based warehousing and logistics company NewEase China, a recently established logistics real estate venture focused on hubs and platforms for urban logistics infrastructure.

The investment will give Warburg Pincus a 50 percent stake in NewEase China

The investment will help build more than 10 million square meters of logistics facilities in China over the next three years. The developments include aviation hub centers, regional hub centers and city distribution centers, as well as smart logistics operations for cross-border and non-cross-border trade, warehouse management and commercial settlement.