Valor Real Estate Partners (Valor) has acquired a 3.3 acre site in Enfield, with a GDV of £56 million, from a private seller.
The site expands Valor’s London development pipeline to over £400m of GDV, totalling c. 1,ooo,oooft².
Valor also intends to replace the existing property with a 109,000ft², distribution unit, targeting a BREAM ‘Excellent’ certification and featuring a 40m service yard, two level access doors, and eight dock level doors.
Due to complete in H2 2026, the site is located in Brimsdown, North London.
Valor also acquired a 3.45-acre site in Barking in October last year, where it plans to develop a £43m GDV last-mile distribution hub.
Vice president at Valor Timour Wielemans said: “This off-market acquisition underscores our ongoing commitment to expanding Valor’s development platform in London, while remaining attentive to the current economic environment.
“We are targeting highly selective locations, with a focus on delivering best-in-class product in supply-constrained areas.”
