Warburg Pincus-backed NWP Retail buys five Lippo malls for $124m

Warburg Pincus-backed NWP Retail buys five Lippo malls for $124m

NWP Retail CEO Tim Daly

NWP Retail, a shopping mall developer backed by Warburg Pincus LLC, will spend $123.5 million buying five Lippo shopping malls in Indonesia.