Global Private Equity firm Warburg Pincus has been in the news off late in this region, the latest being a potential bid, as part of a consortium, to take over Global Logistics Properties (GLP), even as the pan-Asian logistics real estate developer, owner and operator ESR (e-Shang Redwood) that it backs, recently acquired 80 per cent in the manager of Cambridge Industrial Trust, prior to which it was involved with the buyout of ARA Asset Management.
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