CTP Agrees to Buy SLP Vietnam Portfolio and Operating Platform for About US$500 Million
Bitget2026/11/09 06:05- CTP agreed terms to acquire SLP's Vietnam property portfolio and operating platform from Ares Management for approximately USD 500 million.
- Seven existing assets total 504,000 square meters, generating over USD 23 million in stabilized annual net operating income.
- Six development sites could add 585,000 square meters, contributing an additional USD 33.8 million in annual net operating income upon completion.
- The acquisition is expected to close in the coming months, subject to agreed conditions, including regulatory approvals.
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.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
Crypto prices
More
