Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last-mile real estate specialist, has secured two separate green loans from ING, totalling €38 million, to support two recent acquisitions in key Paris and Rotterdam submarkets.
In Dugny, within the Grand Paris regeneration zone, Valor acquired a 26,000 sqm Grade A logistics asset, part-funded by a €25 million loan from ING. The property, which was refurbished in 2021 to modern sustainability standards, is fully let to two e-commerce businesses and provides excellent access to the Paris city centre via the key A1 (Paris-Lille motorway) and Boulevard Périphérique (Paris 1st ring road).
Valor also secured a €13 million facility from ING to support its acquisition of a modern logistics asset in Waddinxveen, close to central Rotterdam.
The 12,633 sqm unit, which was completed in 2022 to modern sustainability standards and achieves an EPC A rating, is let to Ceva Logistics. The property is strategically situated along the A12 corridor, providing direct access across the Randstad region and to 4.1 million people within a 60-minute drive.
Source: press release sent 8 Oct 2024