Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last-mile real estate specialist, has acquired a 3.3-acre site in Enfield, with a GDV of £56 million, from a private seller. It expands Valor’s London development pipeline to over £400 million of GDV, totalling c. 1 million sq ft, cementing its position as one of the largest developers of last mile space in what is Europe’s dominant e-commerce market.
Valor intends to replace the existing property with a 109,000 sq ft, state-of-the-art distribution unit, targeting a BREAM ‘Excellent’ certification and featuring a 40m service yard, two level access doors, and eight dock level doors. Due to complete in H2 2026, it will be ideally suited for 3PL and distribution occupiers, with a population of 6.4 million accessible within a 60-minute drive.
Located in the established industrial hub of Brimsdown, North London, the site benefits from excellent road connectivity via the North Circular (10 minutes’ drive time) with the City of London accessible within 35 minutes’ drive time.
The transaction follows closely on from Valor’s acquisition of a 3.45-acre site in Barking in October last year, where it plans to develop a bespoke, £43 million GDV last-mile distribution hub.
Valor’s development team has also recently achieved practical completion on a 213,000 sq ft development in Beckton, East London. Targeting a BREEAM ‘Excellent’ certification and featuring market-leading sustainability features, it comprises four units ranging from 27,000 to 80,000 sq ft.
In addition, a state-of-the-art industrial trade scheme in Wandsworth, being developed by Valor, is due to practically complete later this month. Valor Park, strategically located less than 25 minutes’ drive time from the City of London and M25, will comprise three units of 4,372 sq ft, 8,971 sq ft and 15,160 sq ft respectively, making it ideally suited for mile logistics, distribution and trade occupiers.
Timour Wielemans, Vice President at Valor, commented: “This off-market acquisition underscores our ongoing commitment to expanding Valor’s development platform in London, while remaining attentive to the current economic environment. We are targeting highly selective locations, with a focus on delivering best-in-class product in supply-constrained areas.”
The post Valor’s pipeline passes £400 million of GDV first appeared on Warehouse & Logistics News.
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