Property Week
26th January 2021
Valor acquires five logistics hubs for £50m-plus

Valor Real Estate Partners has completed on five separate logistics acquisitions across Greater London for a total of more than £50m.

The transactions include units comprising 105,000 sq ft, 17,000 sq ft and 18,000 sq ft in Canning Town, a 40,000 sq ft unit in Sunbury and a 10,000 sq ft unit in Park Royal.

The 5.24-acre Weybridge unit is currently vacant and will be refurbished with a completed Grade-A property.

One of the units in Canning Town will undergo some refurbishment while the other is currently let to a mixture of tenants.

The unit in Park Royal is fully let to a tenant in the food industry until March 2022.

UK transactions lead at Valor, Jeremy Achkar said: "This flurry of deals demonstrates not only our continued ability to source and execute transactions in a competitive investment environment, but also our willingness to deploy capital across the risk spectrum in different Greater London submarkets."