CTP agrees to buy SLP's Vietnam portfolio and operating platform for about US$500 million
Bitget2026/11/09 06:01- CTP agreed to acquire 100% of Ares Management-owned SLP’s Vietnam portfolio and operating platform for approximately US$ 500 million.
- The seven completed assets comprise 504,000 square meters of net leasable area, generating over US$ 23 million in stabilized annual net operating income.
- Six development sites offer approximately 585,000 square meters of additional net leasable area, with projected annual net operating income of US$ 33.8 million.
- Construction has started on two development sites totaling 140,000 square meters, supporting expansion into Asia.
- Completion is expected in the coming months, bringing an established local platform with more than 55 employees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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