GLP, SEA Logistic Partners ink JV to acquire logistic real estate in Vietnam

GLP, SEA Logistic Partners ink JV to acquire logistic real estate in Vietnam

Logistics in a warehouse.

Singapore-headquartered private equity firm GLP and SEA Logistic Partners (SLP) have announced a joint venture to invest in, and develop, modern logistic real estate assets in Vietnam. The JV will initially focus on Greater Hanoi, and Ho Chi Minh City and its nearby provinces — the two largest markets in the country.

The partnership enables SLP to leverage GLP’s fund management, development, and operational expertise and resources, as well as GLP’s extensive global customer network, according to a statement on Thursday.

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