Valor Real Estate Partners (“Valor”) has completed a £50 million refinancing of some of its existing UK assets with institutional asset manager, MetLife Investment Management.
The refinancing has been secured against a portfolio of Valor’s recent acquisitions in the UK, including assets in Manchester, Dartford, Thurrock and Crawley. The combined portfolio comprises 12 sites totalling 760,000 sq. ft. of logistics and industrial real estate and is fully-let to 14 tenants.
Matthew Phillips, Principal of Valor commented:
“I am delighted to announce the successful refinancing of our recent UK acquisitions, which enables us to recycle our equity for deployment into new investments across the UK and European industrial and logistics markets. Furthermore, it is pleasing to introduce MetLife Investment Management as a new financing partner.”