Novaland secures $250mln investment from Warburg Pincus

The No Va Real Estate Investment Group Joint Stock Company (Novaland), a member of the NovaGroup, has received a $250 million investment from Warburg Pincus. Warburg Pincus is the largest and most active private equity fund in Vietnam, with total disbursed and committed capital of more than $1.5 billion since 2013.