Fundz

CTP to buy Ares' Vietnam platform SLP for $500M

Nov 15, 2026

Acquiring Company

CTP

Acquired Company

SLP

AmsterdamVietnamLogistics

Description

CTP has agreed to acquire Ares Management's Vietnam logistics portfolio and operating platform, SLP, for about $500 million. The proposed acquisition covers seven completed properties with 504,000 square metres of leasable area and six development sites that could add 585,000 square metres. The deal is expected to close in the coming months, subject to regulatory approvals and other conditions.

Quick answer

CTP is acquiring SLP for $500 million, announced November 15, 2026. CTP is based in Amsterdam, North Holland, Netherlands.

How much did CTP pay for SLP?
The reported deal value is $500 million.
What does CTP do?
CTP is a full-service developer and manager of industrial and logistics parks.
Where are CTP and SLP based?
CTP is based in Amsterdam, North Holland, Netherlands. SLP is based in Vietnam.
Who are the decision-makers at CTP?
Fundz holds 1 contact at CTP. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

CTP

Location

Amsterdam, North Holland, Netherlands

About

CTP is a full-service developer and manager of industrial and logistics parks. Our portfolio covers 10.9 million sqm of leasable space in 10 markets across Europe, connecting the Black Sea to the North Sea, making CTP the largest listed owner of logistics and industrial real estate in continental Europe. Our extensive client mix has over 1,000 local and global companies representing a diverse range of business sectors, namely manufacturing, logistics and R&D. As our business model is build to own, we develop strong, long lasting relationships with our clients and grow with them — approximately two-thirds of all new business comes from our existing clients. As long-term owners and managers of our properties, success isn’t just about leasable area growth; quality and sustainability are paramount and a key part of how we do business and our Parkmaker philosophy. Our entire portfolio is BREEAM certified 'Very Good' and higher, making us one of the most sustainable developers in the region. CTP has been rolling our solar PV, currently with 42 MWp installed and on track to add 100 MWp by year-end 2023. CTP benefits from an investment grade rating from S&P (BBB- with outlook stable) and Moody’s (Baa3 with outlook stable). We are one of the largest issuers of Green Bonds in Europe; since first tapping the bond market in 2020, CTP has issued €4.25 billion over eight tranches. CTP’s portfolio is valued at €12 billion and generates a strong cash flow, which together with our market leading development YoC of 11% for new projects, uniquely positions us for future growth.

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Frequently asked

Who acquired SLP?

SLP was acquired by CTP, based in Amsterdam. The deal was reported on November 15, 2026. CTP is a full-service developer and manager of industrial and logistics parks. CTP is privately held.

When did CTP acquire SLP?

CTP's acquisition of SLP was reported on November 15, 2026. CTP has agreed to acquire Ares Management's Vietnam logistics portfolio and operating platform, SLP, for about $500 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SLP do?

SLP is a Vietnam warehouse developer and operating platform founded in 2020 by former GLP China president Kent Yang and investor Chih Cheung. It is privately held, operating in Logistics, and is based in Vietnam.

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