Warburg Pincus to invest $183m in China's Nova Property investment

Warburg Pincus to invest $183m in China's Nova Property investment

REUTERS/Jason Lee

Private equity firm Warburg Pincus LLC on Monday said it will invest $183 million in Nova Property Investment Co. Ltd as the Chinese real estate developer and asset manager it co-founded looks to expand ‘aggressively’ in the country’s largest cities.

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