Warburg-Backed Chinese Rental Apartment Platform Mofang Nabs $150M Fresh Funds

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Chinese rental apartment operator Mofang Apartment has secured US$150 million in a series D round of financing from Caisse de Depot et Placement du Quebec (CDPQ), a Canada-based long-term institutional investor with over US$309.5 billion under management, according to a statement released on Monday.

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