Urban logistics specialist Valor Real Estate Partners has acquired a 24,079 square meters urban logistics property in North Amsterdam, from Aldi.
The deal volume is understood to be in the range of €21 million.
The deal marks Valor’s debut transaction in one of Europe’s dominant logistics markets, where Valor has ambitions to significantly and rapidly scale.
The single tenant property is leased to Picnic, the online grocery e-commerce retailer, with two years remaining.
Source: propertyeu.info on the 14th May