Valor Real Estate Partners (“Valor”), Europe’s fastest-growing specialist in urban logistics, on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, development and operating company, has completed a £260 million refinancing with Blackstone Real Estate Debt Strategies (“BREDS”), secured against its flagship VIQR 1 London Urban Logistics Portfolio (the “Portfolio”).
Totalling approximately one million square feet, the Portfolio represents a benchmark in ESG-led urban logistics, with 81% of the assets EPC A or B rated and three certified BREEAM Excellent. The transaction, which represents the largest debt facility Valor has entered into, will enable the joint venture to continue driving long-term value creation through active asset management.
The Portfolio totals 14 urban logistics and light industrial assets, all located in high-barrier, infill London submarkets. Acquired in separate transactions, the assets all benefit from their strategic proximity to large population centres, transport nodes, and key consumption zones, making them ideally suited for last-mile delivery, e-commerce fulfilment, and essential service logistics.
Source: quadreal.com on the 30 April 2025
https://quadreal.com/valor-quadreal-complete-landmark-260-million-refinancing-with-blackstone-to-support-growth-of-highly-sustainable-one-million-sq-ft-london-urban-logistics-portfolio/