DNE Group forms JV to invest $1.2b in life science parks in China

DNE Group forms JV to invest $1.2b in life science parks in China

Shanghai Lingang Life Science Park - one of DNE Group's life science park project located in Lingang Life Science Cluster Area. Source: DNE Group

DNE Group, a new economy infrastructure investor, developer and operator in China, has formed a joint venture (JV) with a global institutional investor to invest a total of about $1.2 billion in life science parks located in top-tier cities in China, the firm announced on Friday.