CORRECTED-Warburg Pincus to raise stake in Asian real estate fund manager ARA
U.S. private equity firm
Warburg Pincus is raising its stake in Asian real estate fund
manager ARA Asset Management Ltd (ARA) to 48.7% from 30.7%, as
it seeks to capitalise on rising investor interest in property
funds, both firms said in a statement.
Warburg Pincus is raising its stake in Asian real estate fund
manager ARA Asset Management Ltd (ARA) to 48.7% from 30.7%, as
it seeks to capitalise on rising investor interest in property
funds, both firms said in a statement.
Posted by Reuters
