NewEase China

About NewEase China

NewEase China, known in Chinese as 新宜中国, is a prominent player in China's new economy infrastructure sector, specializing as an investor, developer, and manager of logistics and industrial real estate. The company was co-founded in 2018 by the seasoned entrepreneur Sun Dongping and the global private equity firm Warburg Pincus. Sun Dongping, who serves as the Chairman, has an extensive background in industrial investment and real estate development, including co-founding ESR (e-Shang) and D&J China, which provides him with deep industry insights and operational expertise.

The firm's business model centers on acquiring, developing, and managing institutional-grade logistics facilities strategically located in China's key gateway and hub cities. Its portfolio includes modern warehouses, regional distribution centers, cold storage facilities, and multi-purpose industrial assets. NewEase serves a diverse client base, including third-party logistics providers (3PLs), e-commerce companies, and cold chain operators, catering to the surging demand driven by the digital transformation of commerce. Revenue is generated through the leasing of these properties and comprehensive asset management services, which it provides for its own portfolio and for joint ventures.

A significant milestone in the company's history was its strategic merger with D&J China in December 2021, creating the DNE Group. This merger combined NewEase's strength in logistics with D&J's focus on industrial, life science, and IT parks, forming an integrated new economy infrastructure platform. Prior to and following the merger, NewEase has established major joint ventures with leading global investors such as Goldman Sachs Asset Management and J.P. Morgan Asset Management, channeling hundreds of millions of dollars into developing high-quality logistics assets across China. As of the merger, the combined entity, DNE Group, manages assets with a gross floor area of over 10 million square meters.