Sydney, 28 August 2024: On 1 August 2024, Lendlease announced that it and Warburg Pincus had jointly established a new entity, Vita Growth Partners (“Vita”), to focus on life sciences and R&D real estate in Asia Pacific.
At that time, Lendlease and Warburg Pincus also announced via media release that each party would commit 50% of the co-investment capital as the new platform sought to attract third-party investors and additional capital in order to grow into a multi-billion dollar platform.
Yesterday, Vita, jointly with the LINO investment vehicle (“LINO”), managed by Vita,…