Warburg Pincus and real estate secondaries firm Madison International Realty have formed a $300-million strategic investment partnership. The investment from Warburg Pincus, through its $4-billion Warburg Pincus Capital Solutions Founders Fund, creates a dedicated vehicle for the two firms to partner and transact in the real estate secondaries market.
The partnership will focus on differentiated real estate investments in preferred real estate asset classes including data centers, industrial, cold storage, residential/ housing and other sectors at attractive discounts to underwritten value. The partners are committed to delivering strong risk-adjusted performance to their investors.
“We believe the real estate secondaries market represents a compelling opportunity at a time when liquidity is increasingly constrained,” said José Arredondo, principal, Warburg Pincus. “We are pleased to partner with Madison, a leading industry player for over two decades, and believe that our combined expertise, network and resources in the real estate sector will create a compelling and valuable partnership for growth.”
The post Warburg Pincus, Madison International Forge Real Estate Secondaries Venture appeared first on Connect CRE.