Valor Real Estate Partners and QuadReal Property鈥檚 European logistics investment venture has added a 10,000sqm asset in France to its portfolio.
The partnership has acquired the logistics asset in Wissous, south of Paris, through a sale-leaseback agreement for an undisclosed sum.
Part of the multi-tenant property is currently leased to Legendre, a construction, real estate and energy conglomerate, under a nine-year agreement.
This latest deal represents the joint venture鈥檚 fourth acquisition in Paris during 2025. It follows a recent commitment to develop a new 5,000sqm last-mile logistics scheme in Aulnay-sous-Bois, North Paris, bringing the total development pipeline in France to nearly 鈧�300m.
Flavien Caminati, SVP at Valor Real Estate, said: 鈥淭his is the latest demonstration of our ability to secure income-producing logistics assets in Europe鈥檚 most supply-constrained urban markets, as we continue to scale our sizeable platform in Paris.
鈥淲issous is a highly sought after distribution location, exceptionally located to serve a dense, high-consumption population. Our focus is on driving further value through our proven, hands-on, ESG-led asset management strategy.鈥�
Thomas Blangy, SVP at QuadReal, said: 鈥淭his transaction further expands our presence in the key logistics hubs around Paris, one of the most important markets in Europe. Together with Valor, we have built a high-quality portfolio of well-located industrial and logistics assets, with France now a particular area of strength.
鈥淭his transaction is firmly aligned with our global investment strategy of targeting high growth urban logistics hubs in key markets across Europe and the UK.鈥�
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