Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last-mile real estate specialist, has acquired, on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, development and operating company, a high specification, single-tenant light industrial unit in Silvertown, one of London’s most supply constrained last mile logistics submarkets where supply has decreased by 26% since 2011.
The 4,100 sqm property features strong specifications for the local market and is 100% let to Restore, a relocation, storage, and records management company, with seven years remaining and a rent review due in 2027.
Strategically located just minutes from the A13 and A406, and immediately south of City Airport, the site offers excellent connectivity across what is Europe’s dominant e-commerce centre.
The transaction is the joint venture’s fourth since the start of the year, totalling over €200 million across the UK, France and the Netherlands. The pace and scale of deployment reflects the joint venture’s high conviction in what continues to be one of commercial real estate’s standout subsectors, as well as Valor’s market leading deal sourcing and execution capabilities.
Jeremy Achkar, Senior Vice President at Valor, commented: “This latest investment is fully aligned with our strategy of acquiring best in class, last-mile property across Europe’s major cities.”
Thomas Blangy, Senior Vice President at QuadReal, added: “Together with Valor we have built a high-quality portfolio of well-located industrial and logistics assets representing almost 585,000 sqm of space across Europe and the UK. This latest investment is in line with our global investment strategy of targeting high-growth urban logistics hubs where supply constraints create significant potential for value creation.”
Valor was advised by Knight Frank and the vendor by JLL.
