NWP Retail, an Indonesian real estate platform, has landed approximately $200 million in its latest funding round.

NWP Retail is a joint venture between U.S. private equity firm Warburg Pincus and Indonesian real estate development company PT City Retail Developments.

The company raised the new funding from new backers Korean Teachers’ Credit Union and the CITIC Securities One-Belt-One-Road Fund, as well as from existing shareholder Warburg Pincus.

NWP Retail intends to use fresh funds to further advance its development in a capital constrained market.