Shanghai, March 1, 2023 – DNE is pleased to announce that with the recognition of investors and partners in the real estate industry, DNE was named ‘Firm of the Year: China’ at the 2022 Global PERE Awards for the second consecutive year.

The Global PERE Awards recognize significant achievements in the global real estate industry. By tracking capital raising and investment activities, the Awards recognize those whose work influenced and shaped the sector. The Award is highly respected across the global real estate private equity industry.

“We are grateful to have a dedicated and committed team who have demonstrated great resilience in navigating through the challenges over the past year. The team that always strive for excellence enabled us to deliver remarkable results. At the same time, I would like to thank our investors and capital partners for their continuous support, that empowered us to achieve outsized growth, and gain broader market recognition,” said Mr. Sun Dongping, Chairman and CEO of DNE.

He added, “2022 is the first year following the merger of D&J and New Ease. We realized significant synergies from our integrated product offerings and combined expertise in investment, development, asset and fund management. With the fully integrated new platform, we have achieved several key milestones in the past year. We completed the listing of DNE New Economy C-REIT (“DNE REIT”) on the Shanghai Stock Exchange in 2022 which was highly welcomed by the public investors. The launch of C-REITs represents a landmark event in the history of China’s capital market. As one of the first C-REITs approved and listed, the DNE REIT reaffirmed the recognition of DNE as a leading developer and operator of new economy infrastructure in China.

In the past year, DNE has launched several new fund vehicles with close to US$3 billion capital raised, across various segments. Among them, we set up a life sciences joint venture with a leading Asian sovereign investor with approximately $1.2 billion total investment and we have successfully invested in multiple institutional grade life sciences parks in China’s major economic clusters within the year. We strive to provide best-in-class infrastructure solutions to fast-growing life science and biopharmaceutical companies.”

“2022 is full of challenges but also more opportunities. We are witnessing a new set of opportunities driven by the rapid rise of new economy segments and we are well positioned to capitalize it with our unique early mover advantages. We believe that Chinese market sustains extraordinary resilience, and DNE’s integrated platform will continue to create long-term value for our investors and customers,” said Mr. Sun.

About DNE
DNE is a leading new economy infrastructure investor, developer and operator in China with over $15 billion in AUM and GFA over 14 million square meters across multiple verticals, including logistics and cold chains, life sciences and modern manufacturing parks, and urban redevelopment. DNE provides a full range of integrated infrastructure solutions to new economy clients, meeting their needs in R&D, manufacturing, warehousing, and corporate headquarters. With a seasoned management team, DNE provides comprehensive capabilities spanning from acquisition, development and construction to asset and fund management. DNE aspires to deliver sustainable long-term value to its new economy clients, capital partners and stakeholders.