Singapore: Warburg-backed E-Shang Redwood buys 80% indirect interest in Cambridge Industrial Trust

Sequoia redwoods rising into the sky.

Warburg Pincus-backed pan-Asian logistics real estate developer, owner and operator ESR (e-Shang Redwood) has reached a deal to buy 80 per cent indirect stake in the manager of Cambridge Industrial Trust (CIT) from National Australia Bank and investment firm Oxley Group.

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