Warburg Pincus-backed Weave Co-Living and 32RE set up a $500m joint venture in Singapore.

Private equity firm Warburg Pincus-backed Weave Co-Living, a co-living rental accommodation provider and 32RE, a property investment manager, agreed to set up a $500m joint venture in Singapore. “We are delighted to partner with Weave, Asia’s leading lifestyle-focused rental accommodation provider, in their first foray outside Hong Kong. Together, we look forward to building a 600-unit, Weave-branded and operated portfolio of properties in Singapore’s main social and commercial hubs,” Jeremy Choy, 32RE Co-Founder and CEO.