The pair are investing the money in secondaries across a variety of sectors, with a focus on data centers, industrial, cold storage, residential and “other sectors at what the partners believe to be attractive discounts to underwritten real estate value,” according to a statement published Wednesday. The investment is being made through the private equity firm’s $4 billion Warburg Pincus Capital Solutions Founders Fund.
Real estate markets have been stuck in a stalemate, with the gulf ...