Valor Real Estate Partners (Valor), Europe’s fastest growing last mile real estate specialist, has acquired a 12,632 square meters urban logistics property in Waddinxveen, near Rotterdam, from Wayland Real Estate. The deal amounted to around €27 million, according to the Dutch land registry.
It follows Valor’s debut transaction last month in what is one of Europe’s dominant logistics markets, and where Valor has ambitions to significantly and rapidly scale.
The single tenant property, which was developed by Wayland in 2021, is leased to Ceva Logistics, the global logistics and supply chain business, with 13.5 years remaining. The BREEAM-NL Very Good certified property is fully electric and features LED lighting, an ESFR sprinkler system, underfloor heating and PV panels, whilst also benefiting from low site density and parking for 155 cars.
Valor launched its value-add strategy in the Netherlands last month with the acquisition of a 24,079 square meters urban logistics property in North Amsterdam.
Source: propertyeu.info on the 6th of June