Warburg Pincus-backed NWP, CRE Asia launch JV to invest in Indonesia's modern logistics

Warburg Pincus-backed NWP, CRE Asia launch JV to invest in Indonesia's modern logistics

Jakarta, Indonesia. Photo by Eko Herwantoro on Unsplash

NWP Property, Indonesia’s new economy-enabled consumer infrastructure platform backed by Warburg Pincus, CRE Asia Pte. Ltd. (CRE Asia), and Bonny Setiawan, an entrepreneur and experienced logistics professional, have established a joint venture (JV) to capture the booming opportunities in modern logistics real estate in Indonesia.

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